Post by
Makeithappen799 on Jan 14, 2022 12:52am
Already past the $9/lb nickel target
Previous Ceo said they were looking for a nickel price of $9 to $11 per pound to start up dormant nickel facilities, which would bring in fresh profit. We're in the middle of that range now at $10/lb nickel, let the spotlight finally shine on us.
Comment by
FastFF on Jan 14, 2022 11:03am
Actually, prior CEO said $8 nickel was the benchmark. This bump above is what is needed to get project going. If it holds for a while, should be off to races. Stock should be at $1, even $2 - this year. Maybe there's some hope after 11 years of bad prices and worse management. The good news is EV not going away and nickel sulphide in Canada is as good as it gets.