Garibaldi
As many are aware GGI.V was halted on Friday….pending release of Highly Anticipated Assay Results.
It did not open friday and I’ve heard from a source that there was a need to incorporate one more assay result which
came out Friday.
So It should open tomorrow.
MTS.V had 33% move Friday…its the little brother next door. These plays always have a little brother
Think Novo and Artemis
Expectations amongst GGI.V share holders is high.
Interesting Twist is that GGI decided to release these Drill Results on the 25th anniversary of DiamondFields
first blockbuster release at Voisey’s Bay
I have been sharing info I have been receiving from a silent member here who is following it very closely.
There are Thousands of these little Miners out there and once in a long while one DOES actually find a motherload .
I’m in …..why not….this is a speculation worth going for IMO.
Anyhow …here is a post from another board by a guy who has done is DD
Over the past weeks and months, I have closely watched the
development of the Nickel Mountain story, asked a ton of
questions, and consulted many of the people I know who are
in the know. Over this time, its become apparent that from
the beginning that smart
money knew what was the actually going on and what was
going to go on. Smart money being a euphemism not just for
Mr. Sprott mind you, but also for most of us out here in
digital land that have to use our own wits and witnesses to
get to the bottom of stories
like this. It became apparent right from the start that
this had some real moxie to it. An underlying thread of
enormous energy, not just a magma super highway, but a real
and palpable energy to it. Then there was the historical
numbers to look back at, the
hits, the misses (barely), the speculation of what could
have been. The excellent reporting from site by a particular
newsletter I subscribe to, only added to the mystique, the
speculation, the aura of amazingness.(edited)
I really think though it was a conversation with a colleague
of mine in the finance business that cinched it for me for
once and for all. He commented to me that one way we could
be sure that Nickel Mountain was what we thought it could be
was to consult a
professional geologist with a background in Nickel
exploration. Use the existing data out there and then
formulate an immature model. So I did, and through those
consultations, i was able to not only add to my position,
but also sleep very well, and decide
to keep my position long for the buy out that is inevitably
coming. I made a list of about 20 questions, as pertinent
and on point as I could for him to answer and although it
was a hefty fee, it was money very well spent and he was
very good to work with.
You’re wondering what the sum of the conversations was,
no doubt ? briefly, a lot of “IF”s,
“MAYBE’S” and possibilities interwoven with
potentials and wrapped with speculations. Sum total:
“If it is what it is expected to be based upon all the
submitted data
and speculative meanderings then there could be a world
class find up there”.
For my sense of self, all good and proper. Being that was in
September, lets fast forward to now. Much has been said
since then. Including in my world, my consultant geologist
becoming a shareholder and and talking of the importance of
tenors and grades of
things like Cobalt, and Gold for example as secondary
revenue streams. Talk of premium economic CAPEX factors due
to closeology sciences of infrastructure and shipping
outlets. Nuts and bolts discussions on Nickel and the
tonnage required to make a mine. Comparator’s
with world class sized sites such as Norilsk. The factor of
safety and security in government and culture. If you are a
global a major. Where would you want to do business, the
Philippines, or China, or property rights and mining
friendly Canada ? These all
add premium to price in any asset value speculation. Will
the Nickel Mountain surpass the Voisey Bay ? I’m here to
tell you, all things considered, it could easily surpass it
by 1.2-1.6 times the same market value. Guarantee to you
that whomever decides to
take a run at this, singular or group bid included, they
will pay the piper to have the Nickel Mountain jewel in
their crown. For those of you around for the dot.com era,
you know what I mean. It will be a fight for as much the
ownership of the jewel as much
as to prevention of my competitor owning the
jewel.(edited)
As we move in to an exciting and unpredictable time for us.
One thing is for sure. Starting on Monday, the eyes of not
just the investing world, but the business world, the mining
world, will be upon us. Funds from sovereign, to pension, to
private wealth to
mutual’s and hedge funds, will be beating a path to our
door and trying to cram in all at the same time to get their
stake in the Nickel Mountain. It will crazy, exhausting,
exhilarating and and inexplicable some days. Mayhem, mania,
will maraud the global
investing machine for a piece of what is Nickel Mountain
and drive it upwards on a path of trajectory rarely seen of
any stock in and by the last few generations of
investors.
Aben Resources is right in that area also and is very beaten down. ABN.V