POS purchased Black Swan nickel project for $1.5m contains 26mt at 0.7% nickel low grade. POS sp rocketed from 8c to 15c for a larger company than FWL. Why don't FWL look at small nickel project like this one?
The amount of money spend on FWL's projects and admin fee overtime would add up to more than $1.5m... than NOTHING going for FWL. If FWL had bought Black Swan project (instead of POS), FWL sp probably will rocket to 10c (since very tightly held by TFA). Just my guess.
Just IMHO, do your own research.
LCG Price at posting:
1.1¢ Sentiment: Sell Disclosure: Not Held
