FPX Nickel – Large-Scale Mineral Processing Plant Testwork, Expanding Global Generative Alliance With JOGMEC
Martin Turenne, President and CEO of FPX Nickel (TSX.V:FPX – OTCQB:FPOC) joins me to discuss the recent news on large-scale pilot plant testwork at the Baptiste Deposit. This testing was completed to confirm results from pilot-scale testwork, to feed into the upcoming Feasibility Study (“FS”).
I ask Martin how the results compare to earlier stage testwork. We also discuss the downstream possibilities for the material.
The Company also announced an expansion of the Generative Alliance with JOGMEC to evaluate projects around the world. In year 2 the budget has been increased from $650,000 to $1,500,000. I try to get as much information as I can out of Martin regarding what the alliance is looking for and what the “5 international and 3 Canadian jurisdictions” are.
If you have any follow up questions for Martin please email me at Fleck@kereport.com
Click here to visit the FPX website and read over the corporate presentation.
That is a nice $1.2M trade in Montage, but I noticed the share price still sold off on the day to close marginally down in the red.
I sold out of my Montage about a month ago, when it spiked up and doubled due to the Lundin’s coming in as stakeholders. At the time other stocks hadn’t moved quite so rapidly. While the stock has rolled over a bit lately, I am considering getting back into position, as it hasn’t pulled back down as much as anticipated. It’s a solid project with millions of ounces in the ground, and it will be a future mine.
A trade just went through on Montage Gold for 975,600 shares at $1.25 bought through Haywood Securities! This is the kind of signal I like especially in this low trading environment. DT 😜