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One Stock to Save USA from the Nickel Crisis

One Stock to Save USA from the Nickel Crisis
Written by
Max Andrews
Max Andrews
Published on
March 27, 2024
Read time
5
 min read

One Stock to Save USA from the Nickel Crisis - Alaska Energy Metals  🇺🇸:$AKEMF 🇨🇦:$AEMC

Fellas,  

Doesn’t it feel like over the past two years all the talk has been about Lithium?

Lithium this, lithium that…

While lithium has been getting hype (maybe even too much), the other precious metals that go into everything you use, every day - haven’t.  

One of those precious metals is Nickel.  

Nickel is a key ingredient in many things, including EV’s, stainless steel appliances (stainless steel is in high demand, I never knew), batteries, coins (it costs 10 cents to make a 5-cent nickel now, lol), the list goes on.  

Now, the first question I asked myself was - “Where is the nickel coming from?” 🤔

The big players who are churning out the most nickel globally are Indonesia, Russia, and the Philippines.

Bloomberg estimates Indonesia and China will control 71% of the nickel market by 2030.  

🤔Why does this matter?

Well, the majority of these countries that are exporting Nickel are not free trade countries to the USA, meaning they can't trade with minimal tariffs, quotas, etc. - essentially making it more difficult and less reliable to get Nickel in the United States.  

With high levels of demand for Nickel and an unreliable supply, the United States is sweating like a snitch at a gangster picnic.  

🤔 Well, how many active nickel mines are going in the states right now? Can’t they just get more?

That’s the other thing. There is only one active nickel mine in the USA - The Eagle Mine (Michigan) and it is expected to close in 2029.  

Yes, the only active nickel mine in the USA is closing in 2029.  

So you’re saying the music is stopping? The party is ending? The game is almost over and we are down by 20 points…

Wait a second, is that Lebron coming back out of the locker room? 🫣

Ladies and Gentleman,

Alaska Energy Metals (OTC: AKEMF TSXV:AEMC) - The 4th Quarter saviour of North American Nickel.

Alaska Energy Metals is about to start the 4th quarter comeback through the - Nikolai Project.

The Nikolai Project is broken into two separate areas - The Eureka and the Canwell blocks. Within these two sections, there are over 32,000 acres of land.

Before we get to what’s beneath the surface, I wanted to point out a few things that make this specific area unique:  

- Easy access (from highways nearby)  

- Tier-1 location (makes permitting efficient)  

- Nearby claims (example - KoBold, backed by Bill Gates and Jeff Bezos).  

Okay, so the location is good but, to the main question - “How much Nickel?”

Alaska Energy Metals has been focusing on the Eureka section mostly (although they plan to complete more drill tests in the Canwell section later this year).  

The Eureka section was test drilled in Summer 2023 and the company estimated 1.5 billion pounds of Nickel (inferred resource, see announcement).  

This is like getting a text from the boys on a Friday night. This is like reaching into the back of the fridge and grabbing the last cold one. This is good news.

But, Alaska Energy Metals doesn’t just stop there, they decided Christmas is coming early.  

The company completed another series of drill tests earlier this year (again on the Eureka section), and they changed their estimate 3.9 billion pounds of nickel in an Indicated (higher confidence) resource and 4.2 billion pounds in an Inferred resource. The geologists can’t report the Indicated added to the Inferred, but hey – we can do the math – that’s an increase to 8 billion pounds of Nickel!.

Holy shit is right…

An estimate of 8 billion pounds of nickel (see here) is a big-time deal but there are other precious metals included in this deposit, such as cobalt, copper, palladium, and platinum.  

This number puts Alaska Energy Metals on track to be the USA’s largest nickel deposit. If things go as planned this season they will take the #1 spot on the podium ( they are 2nd right now) pushing them into a new realm.  

USA needs nickel = Alaska Energy Metals has the most Nickel in the USA = you do the math.

Surprisingly enough, this was Alaska Energy Metals' first drill season. Using historical data and the 8 holes they drilled, they managed to tie together 8 billion lbs…

Could you imagine what 8 more holes will do? 10 more holes? 30 more holes? We could have a behemoth on our hands.  

I think we only have one more drill season till they surpass Canada Nickel $CNC and their 13b lbs of Nickel (241m mkt cap).  

Alaska Energy Metals only has a 33m mkt cap….

Now is the time to take part in this stock, in my eyes, they only have one more year till they have proven themselves the biggest nickel deposit, and naturally, we will see the stock price and market cap follow.  

Nu guarantees, and be sure your understand the risk on speculative plays….but those who fund & support the project now may reap serious rewards along the road.

Enter Canwell:

Alaska Energy Metals has an astounding 8 billion lbs at Eureka, and legitimately right across the road, they have a project called “Canwell” which has yet to be tested but there is some spectacular potential with indicated surface sample grades of up to 13% Ni…  

This drill season Alaska Energy Metals plans on putting 5,000 meters of drilling into this Canwell project to see if they really have the jackpot over there, however, if I were a betting man (I am) I would say it looks like Canwell may be the motherload.

Look at this EM survey, right below where they sampled 10% Ni they have massive high charge targets below the surface.  

If they can hit 5-10m of that grade below the surface, this will change the game.  

Lastly, not sure if you are familiar with KoBold Metals, a Jeff Bezos and Bill Gates-backed venture, that uses its proprietary AI software to search to entire globe to find some of the most prospective places to find nickel. Well, Alaska Energy Metals beat them to it…  

If you look at this map, KoBold came in right after them staking all the land right around Alaska Energy Metals in hopes of cleaning up their scraps.  

In purple see KoBold, in Orange see the Eureka and Canwell project, KoBold staked as close as they could all around Canwell, I think they know exactly what is there…

Snapshot Financials: (In Canadian Dollars)

  1. Market Cap = $33m (86.5 million shares outstanding)  
  1. Cash on Hand = $1.5 million (as of Feb 12, 2024)
  1. Accounts Payable =No debt
  1. Fully Diluted = 114 million shares (89 million now)

The Team

The team is led by Gregory Beischer (CEO) (founder of Millrock Resources, Certified geologist, past President of Alaska Miners Association, Board member of Resource Development Corporation) and an Alaskan native, aka “the Don”.  

If you want to see the rest of the squad, read here. Overall, a solid team of directors and advisors who are experienced in the space and ready to ride this hot potato to new heights.  

I wouldn’t be surprised if we saw some government money flowing into this bad boy in the coming months.  

Alright fellas, let’s summarize:  

- Nickel demand is through the roof and the U.S. wants to get it domestically.  
- AEMC has an estimated 8 billion pounds of Nickel at its 100% owned Eureka claim.  
- A solid team in a good location with additional claims to highly sought-after land.  

Worth watching for sure. Thank you for reading, I own shares and I am going to continue to purchase shares as I believe in the long-term development of this Nickel Project.  

Cheers,  

Legal

Please see our detailed disclaimer here: https://www.vhlamedia.com/terms-disclaimer VHLA is NOT a registered investment advisor or dealer. Users should not view the Services as offering personalized legal or investment counseling. Investments discussed in the Services should only be made/considered after consulting with your investment advisor and only after reviewing the prospectus, other offering materials or financial statements of the issuer in question; Compensation: Pursuant to an agreement between an affiliate of VHLA Media Inc. (owners of vhlamedia.com), VHLA Media Inc. and, VHLA is being compensated by Alaska Energy Metals Corp, for social media content and editorial content including this newsletter. VHLA members own stock in Alaska Energy Metals Corp. We may buy or sell additional shares of Alaska Energy Metals Corp in the open market at any time, including before, during, or after the content and Information dissemination on Alaska Energy Metals Corp. By opening this page, each reader accepts and agrees to VHLA Media Inc.’s terms of use and full legal disc

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