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Bullboard - Stock Discussion Forum Nickelex Resource Corp V.NICK

Alternate Symbol(s):  NKLXF

Nickelex Resource Corporation is engaged in the acquisition, exploration, and development of natural resource properties. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties, and Pilar Gold Inc. and Laiva Gold Inc. The Swift Katie gold/copper property near Salmo, British Columbia is an area that has historically hosted several important mining... see more

TSXV:NICK - Post Discussion

Nickelex Resource Corp > Great deal for shareholders
View:
Post by Goldenhope on May 12, 2021 6:39pm

Great deal for shareholders

This is an amazing deal for us VQA shareholders.  Now we have real exposure to a big Brazilian producer that is probably going to trade at $2+ / share when it lists in Q3.  That is worth 18 cents a share for us VQA shareholders before we even think of the value of Swift Katie and Los Reyes copper.  I am a proud shareholder of VQA, Pilar and Faina and Larry The Silver Fox Page has just engineered a big stake in the next Equinox!   Three cheers Mr Page.
Comment by mferguson71 on May 13, 2021 12:13am
The way I see it Goldenhope is that Larry took an $825,000 investment and turned it into 2.4 million dollars. 8 million shares at $0.075 plus the $225,000 in fees owed to PMM for $2.4 million worth of shares in Pilar. So far this is looking very good as far as a returns. Grade A+ on investment. Now here is the tricky part, in order to advance Los Reyes and Swift Katie where does the money come ...more  
Comment by baystock1 on May 13, 2021 11:43am
mferguson, all good points you raise. The reason for my investing (cash flow from low cost production to fund growth) in the first place is gone, so I am out today from this stock, never to return. I suggest you take a look at sonora gold (SGO.V) as a replacement. They plan to be in production at rate of 50,000 oz/yr within 12 months.
Comment by defcon1 on May 13, 2021 12:56pm
How do you get $825,000? VQA loaned $2.1 million in cash nevermind the fees and value of the shares? I either see a PP at $0.05 or the Pilar shares being sold for working capital once the listing is complete.They have a US$232,000 option payment coming due on Los Reyes this summer and $1 million in debt.
Comment by crenshaw on May 13, 2021 9:44am
1) How do you know that the K92 guys are involved in this? (I can’t find anything on this) 2) How do you know that Pilar Gold turned down Eric Sprott’s money? 3) What is your proposed best play?…Wait for Pilar Gold to go public? Buy Valterra now?
Comment by GoldenEra on May 13, 2021 1:43pm
This post has been removed in accordance with Community Policy
Comment by Goldenhope on May 13, 2021 9:51pm
Crenshaw all good questions if you have money ( significant resources) and want more I suggest you pick up the phone and call the guys at Pilar and ask them if you can be involved  buying on market when listed is fine  but if you might be able to be involved earlier if you are a soph cheers
Comment by GoldenEra on May 13, 2021 10:22pm
This post has been removed in accordance with Community Policy
Comment by BooterMcGavin on May 14, 2021 10:47am
These guys on this forum are scam artists and full of $hit. Don't listen to a word they say.
Comment by ggrellette on May 14, 2021 11:19am
Maybe scan artists or just bad investors/gamblers. One thing is for sure that Goldenhope knows sh!t and I know first hand because he touted another bad deal for shareholders with the O3 mining/Osisko when Eric Sprott got involved and ousted the CEO of Alexandria Minerals and sold it to them for a song. O3 mining was being touted by Osisko as a valuation of $3.88 which was overly stated by Osisko ...more  
Comment by locomoco on May 14, 2021 12:14pm
Just sell VQA and take your money elsewhere. This is what I did.
Comment by Goldenhope on May 14, 2021 2:34pm
Hey ggrellette or is it grillit? ginnbearit? you say Osisko i say desisto you're a complete and total moron  that means idiot! Stupid/ unintelligent  just in case you don't understand  I have never posted on or about Osisko  grillit is making stuff up now who knows why perhaps they really are just plain dumb poor grillit  
Comment by ggrellette on May 14, 2021 3:43pm
Hey dummy you are not fooling me and I will continue to expose you for what you are. A pumping idiot without a brain. You touted the AZX deal with O3 mining which Osisko spinout. Moron, I never said you posted on the Osisko board jackazz you were an AZX shareholder and that is were you posted your garbage.  Now crawl back under the rock you came from. You have ZERO credibility with me and ...more  
Comment by Goldenhope on May 14, 2021 11:18pm
Hey grillit You are an imbecile and now your making a total angry fool of yourself hey everyone look grillit is mixing me up for someone else he's blaming for his  crappy "investments" he can't read or spell quote the posts bigmouth so we can all look at them ......not gonna happen  problem for you buddy is they dont exist Are you conscious ? I ...more  
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