Re: Weekend Observations - johndefur
in response to
by
posted on
Sep 29, 2007 01:36PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Yes!Yes!yYes, for those looking, reading, and studying all this there should be no doubt that the entire area has the potential you are referring to, BUT NOT has the hammer now, and in the next 4-6 weeks should be able to demonstrate that it deserves the focus of attention it has been receiving. SPQ/KWG, though early pioneers in the area got themselves in a tight cash position with large float, and are now attempting to improve their cash position to hold onto part of what they pioneered. Maybe sad but they will follow. It is good (great!) that NOT will lead (as they have the cash, relevant experience and apparently a very fine well thought out and in motion PLAN!!).
Old Joe
PS: NOT has been in the area for quite some time as well.