1. Most Discussed
  2. Gainers & Losers

afr article - on the lookout for nickle sulfide de

  1. hardmano

    15,763 Posts.
    47
    Interesting afr article on WMC Resources. CEO says that they are looking to acquire a world-class copper/gold deposit and have drawn upa list of targets. He also said that nickel laterite operations had not been successful and that despite selling their smaller nickel mines to juniors, WMR was on the lookout for nickel sulfide deposits of the type they had traditionally mined in WA. They are I know exploring north of Mt Keith at Collurabbie with FCN and results are due soon. FCN have a JV area with WMr ajoining WMR's block and FCN has another block to the south in JV with Newmont. I am speculating here - but could the sale of their smaller nickel mines be related to the potential nickel sulfide/gold/PGE in these blocks?? We should know soon.

    H

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.