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Bullboard - Stock Discussion Forum Power Nickel Inc V.PNPN

Alternate Symbol(s):  PNPNF

Power Nickel Inc. is a junior exploration company. The Company is involved in exploring for nickel, copper, cobalt, PEG group metals, gold, and silver on its various properties located in Chile, and Canada (Quebec & British Columbia). It is focused on developing the high-grade Nisk project into Canada's first Carbon Neutral Nickel mine. It owns significant land packages in British Colombia and... see more

TSXV:PNPN - Post Discussion

Power Nickel Inc > Not this stepout but the next I think will do it.
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Post by apapas1973 on Dec 30, 2024 5:19pm

Not this stepout but the next I think will do it.

I'm sticking to my guns and think that if the upcoming results from the 150 meter stepout drilling are good, or really good, we'll see a decent move. HOWEVER, if they stepout again after that and hit, then lookout. That's when Norilsk comparisons will get louder and louder. Terry talks about a move to 2-3 very quickly. I would say that would be the day after an extended halt. And at that point in time, yes the big boys would start to knock. But one step at a time. Let's not get ahead of ourselves. GLTA
Comment by Maxmoe on Dec 31, 2024 2:48am
Oh, I'd say "they've finished 15 km of drilling and have only released a couple assays" would be getting way,way, ahead if ourselves. Us old guys remember the lessons from bre-x and diamond fields. Robert surely remembers the way to extract maximum value from the majors is to tease and torment them into a bidding war. And the big guys learned, no matter what, they need to do ...more  
Comment by blue0987 on Dec 31, 2024 3:44am
Interesting, just last week was looking at voiesy bay take-out timeline ... For those interested here's a inforgraphic timeline link.   https://www.visualcapitalist.com/the-story-of-voiseys-bay-the-discovery-1-of-3/
Comment by apapas1973 on Dec 31, 2024 7:24am
Thanks for posting blue0987. I've read about the Voisyes Bay story in the past and it's definitely an eye opener. It's quite the story. Keep in mind for diamond fields to be purchased for over 40 at a 4 billion valuation, they must have had an extremely low share count. In comparison with pnpn, we have about 250 million shares outstanding(still very acceptable ) including options ...more  
Comment by blue0987 on Dec 31, 2024 10:02am
apapas1973 Right, although Cu & Ni prices were a bit lower back in 1996.I believe by this time next year we will have a much clearer picture of what we have in grade, and tonnage in this highly enriched polymetallic zone, where if we continue to hit anything close to the high grades we have been hitting, and expand the tonnage to around 20M/T - 25M/T then we'll be closing in on a world ...more  
Comment by blue0987 on Dec 31, 2024 4:43am
I believe 1 of the rigs in this campaign will be stepping out from the Lion Zone all the way down to Nisk Main, drilling shallow holes looking for continued mineralization/continuity or hitting other high-grade shoots that are widespread in this kind of system, then doubling back extending the depth of those holes that look the most promising. The continuation of mineralizaton in locating more ...more  
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