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Proactive Investors China - The web's leading portal for China stocks - Poseidon Nickel grows Golden Swan potential with more high-grade nickel sulphide intersections


2021-07-28
by Proactive Australia
Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF, FRA:NYG1) has delivered another round of positive drilling results within the Golden Swan trend at the highly promising Black Swan Project in Western Australia.
Further nickel sulphide intersections within the Golden Swan trend achieved include:
A 4.2-metre nickel sulphide interval comprising 0.8 metres of massive sulphides and 3.4 metres of matrix and stringer sulphides
A 5.1-metre sulphide interval comprising 3 metres of massive and matrix sulphides followed by 2.1 metres of stringer and coarse blebby sulphides
The latest Golden Swan assay results received include:
1.65 metres at 2.27% nickel and 0.45% copper; and
2.75 metres at 1.18% nickel, 4.75 metres at 1.18% and 8 metres at 1.35%. ....

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S&P/ASX 200 in the green led by health stocks; NZ suspends travel bubble


S&P/ASX 200 in the green led by health stocks; NZ suspends travel bubble
Beijing is considering harsh penalties on ride-hailing giant Didi. The penalty could likely be bigger than the record US$2.8 billion Alibaba paid earlier this year.
Gold inched higher to US$1,804.45 per ounce on Thursday as US bond yields pulled back to offset a firmer US dollar.
S&P/ASX 200 (INDEXASX:XJO) gained 0.11% to 7,395 by about 12.45 pm following a third consecutive session of gains on Wall Street overnight.
CSL rose 1.4% to $293.35 and leading health stocks higher while ResMed set a new high of $35.16.
Star Entertainment has withdrawn its $12 billion merger proposal with Crown Resorts. ....

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FTSE 100 ends just lower as pharma companies lift the major indices; US markets give up early gains


FTSE 100 ends just lower as pharma companies lift the major indices; US markets give up early gains
Companies
17:13 Wed 09 Jun 2021
FTSE 100 ends just lower as pharma companies lift the major indices; US markets give up early gains
The UK blue chip index closed in negative territory, with little inspiration from Wall Street
FTSE 100 down 14 points
US stocks mixed
12:10pm: Markets still largely hugging the flatline
The FTSE 100 closed Wednesday down 14 points, 0.2%, at 7,081, while the FTSE 250 lost 137 points, 0.6%, to 22,759.
It has been another day where stock markets aren’t particularly keen to go up, and those that are in the red are only seeing some modest profit-taking, IG Chief Market Analyst Chris Beauchamp wrote. .European markets have shown a touch more downside, with the likes of the Dax slightly skittish sitting at record highs, in case the ECB meeting does prove to be more exciting than anticipated. ....

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