Gungnir Resources Inc V.GUG

Beauty ….Ni Jr Trading Below Cash…Come ON ✅

[VbayNo2]

Beauty ….Ni Jr Trading Below Cash…

VbayNo2 wrote:

VbayNo2 wrote:

Beauty ….Ni Jr Trading Below Cash…FNI

VbayNo2 wrote:

Sitting on $4M cash from last $0.45 pp

https://ca.finance.yahoo.com/quote/FNI.CN/key-statistics?p=FNI.CN

Balance Sheet

Total Cash (mrq)	4.7M
Total Cash Per Share (mrq)	0.09
Total Debt (mrq)	278.62k
Total Debt/Equity (mrq)	2.11
Current Ratio (mrq)	4.41
Book Value Per Share (mrq)	0.24

 
 Just the Chart Image for Printing

They seem to have proven that the NE-SW trending structures are the fluid pathways controlling the mineralization. Once that is proven, they need to find places along these structures that provide enough space for economic deposits/intercepts to be found. This would be jogs/extensional zones imo. The Rottenstone domain has so much potential...

Companies that shout from the rooftop are usually spending more than half of the exploration budget on marketing, which doesn't really help in finding a deposit. This company, has far has I can tell, is doing the right thing on the ground and isn't wasting shareholder's money. Does the SP reflect that, no. The current SP represent the general market sentiment towards risk asset, and junior exploration company are extremely risky. High grade nickel project are even more risky because of the way high grade nickel deposit are formed.

This should definitely be trading higher as a cashed up explorer that believes they are on to a new nickel camp

This new discovery area is a very small fraction of our total land package - I can't think of a better place to be exploring for nickel in Canada than at Albert Lake, Saskatchewan
 

Boy, with a $3 m MC and $4 m in cash, if they hit anything even sniffing of commerciality, Fathom is gonna explode.fully financed for rest of year winter and then summer drilling.

 

Big property in great area for nickel. The Albert Lake Project covers 90,127 hectares of land in Northern Saskatchewan and is strategically located in the renowned Trans Hudson Corridor — which is host to numerous world-class nickel mining camps, including the Thompson Nickel Belt, the Lynn Lake Greenstone Belt, and the Raglan Nickel Belt. Included in the Albert Lake Project is the historic Rottenstone Mine, a high-grade, open pit Ni Sulphide past producer with an average grade of 3.23% Ni (one of the highest-recorded grade nickel mines in Canada).

InsidersBuying Open Market this week

Insiders Buying @ $0.07 New Sedi Report

Filed 2022-10-06 13:43     Tx date 2022-10-03

$FNI  Fathom Nickel Inc.

Cummings, Mark 4 - Director of Issuer Direct Ownership

Common Shares 10 - Acquisition or disposition in the public market

World Class Ni Discovery a few More Drill Cores Away

FATHOM DISCOVERS 300M CONDUCTIVE CORRIDOR – CONFIRMATION OF A SIGNIFICANT MAGMATIC NICKEL SULPHIDE SYSTEM 

Intersected 3.07% Nickel Equivalent

Calgary, Alberta – April 28, 2022 – Fathom Nickel Inc. (the “Company” or “Fathom“) (CSE:FNI) (FSE: 6Q5), (OTCQB: FNICF) is pleased to announce the intersection of significant, near surface magmatic nickel  mineralization within a conductive corridor exceeding 300m in strike at its Albert Lake Property (“the Bay Area Conductive Corridor”). The Bay Area Conductive Corridor (see Figure 1) and it’s associated magmatic nickel mineralization provides evidence that the previously exploited, high-grade Ni-Cu-Co+PGE Rottenstone deposit was a function of a very large magmatic nickel sulphide system. The Company is confident that the historic Rottenstone deposit, in combination with the now defined Bay Area Conductive Corridor demonstrates Fathom’s exploration activities are occurring in a new and developing magmatic nickel camp located in a world class jurisdiction – Saskatchewan, Canada. 

Highlights of Q1/2022 Drill Program

• Magmatic nickel mineralization occurs within the Bay Area Conductive Corridor, located 450m west/northwest of the high-grade, historic Rottenstone deposit. The significance of this new discovery is proof that the high-grade Rottenstone deposit originated from a l

FNI - Insiders BUYING OPEN MARKET 

C:FNI - Fathom Nickel Inc. - Common Shares - https://www.fathomnickel.com

10:20:17 EDT

Sym-X	Bid - Ask					Last	Chg	%Ch	Vol	$Vol	#Tr	Open-Hi-Lo	Year Hi-Lo	Last Tr	News	Delay
FNI - C  ATS	9.0	0.07	·	0.08	8.0	0.08	+0.015	23.1	68.0	5	17	0.075  0.08  0.07	0.45  0.06	09:48:26	Sep 28	15 min RT 2¢
CSE - C	9.0	0.07	·	0.08	8.0	0.08	+0.015	23.1	43.0	3	11	0.075  0.08  0.075	0.45  0.06	09:48:26		15 min
NEO ATS - U						0.08	+0.015	23.1	18.0	1	3	0.08  0.08  0.08		09:48:00		15 min
Omega - O						0.07	+0.005	7.7	6.0	0	1	0.07  0.07  0.07		09:43:21		15 min
CX2 - H						0.08	+0.015	23.1	1.0		1	0.08  0.08  0.08		09:48:00		15 min
TriAct - M						0.065			0.0		1

Recent Trades - Last 10 of 17

Time ET	Ex	Price	Change	Volume	Buyer	Seller	Markers
09:49:08	M	0.08	0.015	27	14 Virtu ITG	14 Virtu ITG
09:48:26	C	0.08	0.015	3,000	2 RBC	1 Anonymous	K
09:48:15	C	0.08	0.015	5,000	2 RBC	1 Anonymous	K
09:48:07	C	0.08	0.015	4,000	2 RBC	33 Canaccord	K
09:48:00	H	0.08	0.015	1,000	2 RBC	19 Desjardins	K
09:48:00	U	0.08	0.015	1,000	2 RBC	19 Desjardins	K
09:48:00	C	0.08	0.015	2,000	2 RBC	19 Desjardins	K
09:47:37	C	0.08	0.015	10,000	2 RBC	1 Anonymous	K
09:47:35	C	0.08	0.015	5,000	2 RBC	33 Canaccord	K
09:47:35	C	0.08	0.015	1,000	2 RBC	14 Virtu ITG	K

Filed 2022-10-06 13:43     Tx date 2022-10-03

$FNI  Fathom Nickel Inc.

Cummings, Mark 4 - Director of Issuer Direct Ownership

Common Shares 10 - Acquisition or disposition in the public market

$2,100  +30,000 vol  $0.07 each