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by Will Purcell

The critical and specialty minerals stocks box score on Friday was a ho-hum 85-78-147 as the TSX Venture Exchange fell fractionally to 994. Martin Turenne's FPX Nickel Corp. (FPX) jumped 4.5 cents to 53 cents on 286,000 shares Thursday on word that the British Columbia government has deemed the company's Baptiste nickel project in central British Columbia to be a major priority.

There is no doubt that Baptiste is major -- have a look at the resource estimate or the $55-million spent on the project over the past 16 years -- but for much of that time Baptiste has been on the back burner. Therefore, a grateful Mr. Turenne, president and chief executive officer, applauded the government for recognizing the significance of Baptiste, which, he enthuses "has the potential to contribute over $45-billion of incremental [gross domestic product] to the provincial economy over its projected 29-year mine life."

Accordingly, he and his crew are committed to deepening their continuing collaboration with first nations and the governments of British Columbia and Canada to develop a project that creates substantial and sustainable benefits while protecting the environment for future generations. And so, it appears that Baptiste, which cleared prefeasibility in 2023, has reached the schmoozing stage, where promoters massage the egos of bureaucrats and politicians of all stripes.

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