PRE 0.00% 6.0¢ pacrim energy limited

is there a chance of mining?

  1. 3,802 Posts.
    I remember a couple of years ago some thought this could get to a few dollars, even talk up to $10 a share. GFC and Nickel price mothballed it. Is some of the dust getting brushed off NIO? Nickel may be beginning to come back on the menu again. 20,000t($25,000 a ton atm) a year production at in ground value of half a billion dollars. With the alliance with Wingstar valid until 2014, mining or a sale is still possible IMO. Wingstar have a lot more assets and could be tempting along with Canegrass also.Just my opinion.
 
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