Cheap Nickel junior located next to companies worth 100x moreXander Resources is an under-the-radar Nickel-Gold-Lithium play with properties next to companies worth 100x or more than its $3.6M market cap. Timmins, ON Nickel property that is right next to Canada Nickel Company TSXV:CNC ($330M market cap) is of particular interest. Nickel prices are hitting 10-year highs on dwindling inventories. Exploration will begin in early 2022 and there's no other junior that I am aware of that is this cheap and owns this many prospective projects right next to major discoveries and existing mines.
In addition to #Nickel, XND also owns:
- #Gold claims next to TSXV:PRB ($305M mkt cap), TSX:GBAR ($57M mkt cap), $TSX:ELD ($2.1B mkt cap), TSXV:MD ($37M mkt cap), TSX:WM ($290M mkt cap)
- #Lithium claims next to existing mines & CSE:NEWD ($17M mkt cap)
Technicals: Bullish MACD momentum. Accumulation trend. Bullish biased Falling Wedge pattern on the longer term weekly chart.
