Royal Nickel could be takeover target, analyst says

Royal Nickel Corp.  is an attractive take-over candidate, mining analyst Nik Rasskazovskiy of independent investment dealer Salman Partners contends in a recent research note.

Not only is the company a pure play on nickel — the base metal Salman Partners is most bullish about in the long term — but Royal Nickel’s flagship Dumont open-pit nickel sulphide project in northwestern Quebec is poised to be shovel ready in the first half of this year

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