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Bullboard - Stock Discussion Forum Gungnir Resources Inc V.GUG

Alternate Symbol(s):  ASWRF

Gungnir Resources Inc. is a Canadian mineral exploration company with gold and base metal projects in northern Sweden. The Company’s assets include two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, and the Knaften-Hemberget project, which hosts a developing intrusion-hosted gold system, VMS-style mineralization, copper-nickel targets, and... see more

TSXV:GUG - Post Discussion

Gungnir Resources Inc > Serious question ?
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Post by CrazyProphet on Mar 10, 2022 7:57am

Serious question ?

Compared to Gugs assays known and looks to be primed for an upgrade in size, how the hell is this still bargain price compared to many peers ??? ! Still find it highly mystifying !

Mark Appleby's Tartisan Nickel Corp. (TN) lost 1.5 cents to 43 cents on 91,000 shares. The company has drilled a 2.8-metre interval averaging 0.86 per cent nickel and 0.18 per cent copper in Zone A at its Kenbridge nickel project near Kenora in Northwestern Ontario. A slightly deeper hit in the B zone produced 0.47 per cent nickel and 0.18 per cent copper over six metres.

While Mr. Appleby, president and CEO, was encouraged, his enthusiasm stemmed from "current metal prices for nickel and copper," rather than the assays from the latest hole. He did say that the cumulative drilling at Kenbridge "suggests there are additional tonnes to be added to the current mineral resource estimate," and that there are "higher-grade conductivity targets at depth and along strike."
When nickel opens for tade it could drop in half and will still be a major fuse !!!!!

 
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