Well Firsova. Its actually pretty simple. SIR has a signficant...

Well Firsova. Its actually pretty simple. SIR has a signficant high grade nickel/copper discovery and BOA doesn't.

I think that you will see things change when any one of the 20 or more nearology players (or SIR itself) come up with another Nova type discovery. We can expect a lot of activity in coming months.

On the current stage of knowledge, it appears that BOA, BUX and possibly BFE are well located with respect to the NE/SW trending structure and stratigraphy that seem to be important factors in the Nova setting. They also have interesting geophysics and geochemistry.

To the south of Nova, MAT and SFX seem to have very interesting ground.

But it is very early days. Nova style deposits are known elsewhere to occur in clusters (Thompson Nickel Belt in Canada for example) so we may see further discoveries emerge anywhere in the belt. In fact, SIR has already announced what may be another discovery some 20km to the west of Nova, with MAT holding an interesting tenement along strike from that anomaly.

Other listed companies with ground in the area include AAQ, AQD, BDR, ENT, HRR, MGQ, MPJ, PIO, RMR, THR as well as SIR. Mark Creasy private interests hold a lot of ground that we may see pop up in a listed company sooner or later. AGG and Teck also hold ground.

ORO, SGQ, WCN and WIN also have interesting nickel plays in the broad area, but not so closely related to the Nova setting.

DYOR