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POS - Poseidon Nickel

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POS have updated their Ni sulphide resource.

26Mt @ 0.72% for 189Kt contained Ni.
MC $150m.

CTM have:
108Mt @ 0.87% for 938Kt.
MC $330m.

You know it makes sense.


 

The curious tale of Poseidon Nickel's restart of works at Lake Johnston

Poseidon Nickel – now a penny-stock – has announced it's restarted exploration at Lake Johnston a week after MinRes walked away from it.
themarketonline.com.au
Embattled Poseidon Nickel POS – now a penny-stock as the world doggy paddles in a sea of Indonesian nickel – has announced it’s restarted exploration at its Lake Johnston project about a week after MinRes walked away from buying it.
 


WHEW !!

i hold MIN ( 'free-carried' )

after my adventures in PAN and WSA ( both losses ) and crystallized profit via take-over of MCR

i would rather avoid increased nickel exposure in Australia , i will hope NIC does the nickel exposure thing for me in the future
 
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