Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: Justice,you're right
4
Oct 25, 2008 08:38PM

Remember it's very difficult to calculate any kind of insitu value for deposits of this type. There is a lot of work to do before you can fairly place any dollar value at all on it.

This deposit has been known about for many, many years and never was economic or it would have been snapped up and not sitting there waiting to be picked up for peanuts.

In the current market environment nothing much is going to happen to share price UNTIL such time as a properly qualified person can state that an economic deposit is in place.

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