Poseidon Nickel Ltd (ASX: POS) is a nickel sulphide resources company with three projects located within 300km of Kalgoorlie in the Goldfields region of WA. These mines are named the Windarra Nickel Project, Black Swan and Lake Johnston. The Black Swan deposit was an active open-pit mine but did not reach completion before being put on care and maintenance in 2009.
The Poseidon Nickel Ltd (ASX:POS) share price was posting big gains today — up as much as 30% as the Australian share market or S&P/ASX 200 (INDEXASX:XJO) was mostly flat.