Post by
Margin321 on Aug 24, 2024 7:56am
Power Nickel may be opportunistic buy
Power Nickel is cashed up. Money in the bank being spent with a purpose. To further define and add scale to what is already a remarkable polymetallic discovery - and could be truly historic. Not a bad spot to be in a capital starved market for microcap resource companies. And that cash was provided partly by Rob McEwen and Robert Friedland at 65 cents in a deal that netted the company $1.25 because it was structured with tax advantages passed to other parties. And right now while the fully funded exploration is really humming, we can buy the shares for 60 cents. (all Canadian dollars) I am taking advantage of that opportunity.