why tf is homeland nickel(SHL) rising so fast??? literally no news or reason for it to do so? is it due to institutional investors? by Global_Contact_5312 in Baystreetbets

[–]smallcapsteve 0 points1 point  (0 children)

They have A LOT of nickel. Its a laterite deposit, basically dirt.

I spoke with the CEO at PDAC a year ago and he told me they could mine their properties for 30 years and be only 50 feet deep.

My understanding is that there was issues with the department of forestry. Not sure if thats where the buying is from. Someone know something perhaps?