Post by
mercedesman on Feb 22, 2022 4:32pm
Russia...
responsible for 7% of the worlds mined Nickel.
Sanctions coming.
Maybe WM should accelerate Grasset with Nickel now at $ 11.40 !!
Perhaps not...Gold could accelerate a lot more quickly in the meantime (as an inflation and a geo-political tensions hedge).
The $ 70 Million exploration budget, now secured, and to be spent in 2022, should grow the Gold Resource considerably....combined with a rising PoG in 2022....means investors win two differenct ways (3 if you count the soon to be soaring cost of Nickel)
MM
Comment by
Flopticalcube on Feb 22, 2022 4:44pm
Grasset is still too small to be worth mining. The $70M will likely add another 2m ozs in gold. With another 7m shorts added in the last month, its going to be a slow grind up.
Comment by
Flopticalcube on Feb 22, 2022 5:34pm
There were no warrants with this financing and relatively very few outstanding from previous.
Comment by
BucccaneerIL on Feb 22, 2022 7:16pm
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