From AltaGas Camp Near McLymont Hydroelectric Facility, SW of Eskay Creek
The Venture is on the cusp of a breakout and its 5th stellar October out of 6 during bull market years going back more than a decade.
Venture momentum is accelerating with the Index now at a more than 4-month high and ready to cross key resistance at 800. Strength in metals and Oil, certain non-resource plays and a first-ever major Nickel sulphide discovery in northwest British Columbia are key factors igniting the the Index.
Below, geologist Jeremy Hanson at massive sulphides outcropping at the top of Garibaldi Resources‘ (GGI, TSX-V) Nickel Mountain where a remarkable drilling discovery is unfolding just 11 miles southwest of Eskay Creek.
Massive sulphides outcropping at the top of Nickel Mountain contain high grades of Nickel and Copper. GGI’s first 12 drill holes have extended laterally and to depth the near-surface mineralization drilled into by Silver Standard in a series of short holes half a century ago (BMR photo).
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WHATTTT …… this was found on the top of the Mountain ??? What the heck is at the bottom and under that Mountain … wowww …. Sizzler time !! Farmer
Comment by farmer — October 15, 2017 @ 9:31 am
Wow we have a huge winner! Thanks BMR for awesome coverage!
Comment by Steve — October 15, 2017 @ 9:48 am
The huge insider buy Friday speaks volumes as well.. the drill cores I presume HAD to be released before these buys could occur yes??
have asked some geo friends for their take on things based on the core…
When I showed one of my late geos (RIP) the core at noront he went berserk and loaded up on the stock at 2 bucks… I think anyway it was 2 bucks.. timing you know..
We have a good soul in Tom the Farmer.. his posts and engagement on SH is very welcome here for sure:)
along with all of us:)
as Dr Phil says, this is going to be a changing time in you life…
Comment by Jeremy — October 15, 2017 @ 11:23 am
http://www.balmoralresources.com/projects/grasset/nickel-deposits-explained
good read.. who was one of the authors??? Dr Peter L:)
Comment by Jeremy — October 15, 2017 @ 12:31 pm
MTS…. a huge buying opportunity or is it done?
Comment by ED — October 15, 2017 @ 12:36 pm
Could be just the beginning, Ed, if management plays its cards right.
Comment by Jon - BMR — October 15, 2017 @ 2:43 pm
Jon .. MTS management.. what cards do you think they need to play right??
Comment by Jeremy — October 15, 2017 @ 2:57 pm
With MTS tight share structure, who knows, it might even outperform GGI if MTS got the goods too. Looking forward to Dr. Lightfoot’s interview. Thanks Jon for the continuous update.
Comment by theobserver — October 15, 2017 @ 3:23 pm
Thanks Jon. And what do you think about CXO at this level. Buyer? Lots of property , lots of money. Lots of drilling around its properties.
Comment by ED — October 15, 2017 @ 3:49 pm
GGI. we all know whats exciting there. PSP and SID are now on the sidelines and Mexico is to be resurrected.YEAH. MTS. what are people expecting will move this stock? just Thunder? or the CLiff AuCu drilling and the KING, SNIP type target? 2 different projects with the new addition of Thunder, that wasn’t even on the radar 4 mths ago. For some reason, those insiders keep buying shrs at every PP it seems as well and to round out the projects, Sprott has taken a liking to Thunder opps. Lotsa opps for success on Kirkham it appears now that the sector has cash!
Comment by David — October 15, 2017 @ 6:06 pm