Re: Comparison?
in response to
by
posted on
Aug 09, 2008 07:43PM
The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.
Beerbelly,
It has been noted that you have filled in nothing. Your request was that I provide requisite documentation regarding FNX's resource base:
FNX resource numbers:
As taken from:
http://www.fnxmining.com/docs/proper...
"The result was a threefold increase of its measured and indicated resources to 42.24 million tons and its inferred resources fivehold to 31.83 million tons (effective December 31, 2007)."
As of December 31, 2007 - FNX's current Inferred and Proven resources are: 74.07 million tons.
Gotstones October 30, 2007 guestimate is 75 - 100 million tonnes.
Beerbelly May 21, 2008 guestimate as to what ISM Inferred and Proven resources are 44 million tons.
Cadomin May 21, 2008 guestimate is 46 million tons
Gotstones May 21, 2008 guestimate is 45 million tons
Beerbelly - it would appear that you, Gotsones and Cadomin all are of the opinion that the minimum tonnage reserves that ISM has is 44 million tons ... which makes up for well over 50% of FNX's current resource base.
I wholeheartedly encourage optimistic opinions when substantiated with realistic numbers - this is why I for one am looking forward to reading ISM's 43-101 as presented by Micon as it will give a glimpse into what ISM does have...also hoping that these resource numbers which are coming in are between 50% - 100% of FNX's current resource base - as good news at one Shaw Dome property is good for all Shaw Dome properties.