Kid Creek - Massive Sulphide Copper Mine in Onterio 138MT stretching to 3,000 Meters Depth. Orientation looks very similar to Eagle 1?
Eagle 1 at 945 Meters is still open at depth (spooky isn't it). If Eagle 1 is a channel, which I am betting it has to be, fluid dynamics dictates that this stuff can't fit through a garden hose. When Eagle 1 is found to extend 3,000 meters in depth like Kid Creek I calculate that we will have 67Million Tons of Material.
NSR value 67 tons averaging:
3% Ni grades = $32 Billion Dollars
2% Ni grades = $21 Billion Dollars
1% Ni grades = $10 Billion Dollars
I put in terms of share price given 30% NSR Just for fun
3% Ni grades = $58 Share
2% Ni grades = $39 Share
1% Ni grades = $19 Share
So if these Ni grades come out at 1% don't be un-happy just know all we need to do is keep drilling... I am a greedy man so I am wanting 3% but can emotionally handle 2%...
Have a great weekend all! Just remember your probably already a millionare... unless you are already a millionare then you are just even richer....
Semi