Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (16550)	7/18/2006 6:21:46 PM
From: 4C	Read Replies (1) of 78410

Hi koan, here is a nickel play for you, SKR.TO Although I'm afraid we have missed some of the ride, the chart still looks good. "Mining goliath BHP Billiton initiated some excitement by reporting it bought another 2 million shares in would-be, could-be nickel producer Skye Resources. The major now holds 4.85 million shares for a 16.5% equity stake in Skye. Fellow major Inco has a 12.3% interest in the junior adding to the speculative flavor that a take-over bid is pending." kitcocasey.com "Skye Resources Inc. (TXX: SKR) today reported that it has received new resource estimates from Snowden Mining Industry Consultants Inc. ("Snowden") in support of Skye's Fenix project feasibility study. Snowden has re-evaluated the saprolite resources for five of the Fenix deposits which contain a measured and indicated resource of 27.6 million tonnes grading 1.85 % nickel (at a 1.5% cut-off) with additional inferred resources of 7.0 million tonnes grading 1.65% nickel." biz.yahoo.com Chart: stockcharts.com Let me know what you think... STF

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