Thursday, 18 October 2007

BNN Takes Notice Of Pure Nickel

Pure Nickel (NIC: TSX) (PNCKF: OTCBB)

The Power Breakfast on BNN this morning featured an interview with Jay Jaski, President and CEO of Pure Nickel. The link will be live here for 3 days and then accessible through The Howard Group web site afterwards on the Pure Nickel client page.

Jay stated that Pure Nickel has been focused with its head down and now it is time to get the story out there to investors. One major advantage to focusing on the business this long is that all NIC’s ducks are in a row. The Company has drill teams contracted and ready to take on all projects that are planned through 2008. The Company has the financial backing to pull this off in a time when having the right team and funding is a huge advantage in this sector. On top of the current drilling programs there are a lot of projects and opportunities that exist through its current land packages. It is only a matter of time before NIC involves itself with joint venture partnerships.

It was also acknowledged that there is going to be an awareness tour taking place over November covering North America and Europe. They will be targeting the large institutions holding NIC throughout the US, Canada and Europe. Drill results are due in two weeks from the MAN project in Alaska and there will be further drill results following every month for the next 6 months from various properties. NIC is confidant that these results will take care of its lagging share price and value it accordingly. Stock price has been volatile with one factor being fluctuating nickel prices. Jay had stated that the $14 mark should be the long-term price of the commodity which is roughly where it sits now.

A major focus of the interview was how the Company mitigates risk to its shareholders by keeping a tight focus on drilling high grade nickel targets near former mining operations.