From BMR: GGI GGIFF
Great news with respect to Nickel Mountain this morning, confirming what we’ve suspected all along: There’s a deep source to some of the highest-grade Nickel ever found on the planet. Not only a deep source, but potentially a BIG deep source. This also fits with the general nature of the prolific Eskay Camp – just about everything in this district, geologically, is super-sized (KSM, Brucejack, Eskay Creek, Treaty Creek, Eskay Consolidated, etc.). Nickel Mountain should be no different.
Present management notwithstanding, for the first time in quite a while we are recommending accumulation of Garibaldi Resources (GGI, TSX-V) as stated in our post March 9, 2022. Technically, the stock is preparing to break out above a 4-year downtrend line.
We’ll have more to share on this soon.
