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Archer Exploration Corp AREXF


Primary Symbol: C.RCHR

Archer Exploration Corp. is a Canada-based exploration and development company with an extensive portfolio of assets in Quebec and Ontario, Canada. The Company’s flagship asset is the Grasset Project, located within the Abitibi Greenstone Belt, with an Indicated Resource of 5.5Mt @ 1.53% NiEq. In addition, the Company holds a strategically significant portfolio of 37 properties and over 300 square kilometers (km2) in the mining district of Sudbury, Ontario. The Grasset Project is a resource-exploration stage Ni-Cu-Co-PGM project located in the James Bay territory in Nord-du-Quebec administrative region of the Province of Quebec, Canada, approximately 77 kilometers (km) west-northwest of the city of Matagami and 170 km north of the town of Amos. Its Sudbury nickel assets include a large property package comprised of 309.84 km2 within 37 properties, including the Parkin, Wisner, North Range, Windy Lake, Trill, South Range, South Range West and East Range Wahnapitae projects.


CSE:RCHR - Post by User

Post by Curroweron Jan 24, 2024 8:53am
305 Views
Post# 35842530

No one connects the dotts

No one connects the dottsAgnico owns 10 percent of Archer's shares Sprott owns 17 percent. Agnico recently took a large position in Mark Selby's Canada Nickel an acquirer of many larger low grade nickel deposits in the Abitibi. If Archer's higher grade deposit is enlarged with current drilling? Then expect an arms length buyout from Canada Nickel if Sprott accepts. Logically the buyout will occur with  the  separate arm's length?  buyout for Wallbridge acceptable to Sprott. It'll be a lot more than our current market cap. GLTAL REAL RETAIL Archer and Wallbridge investors and ERIC SPROTT.
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