HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

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)

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Message: Re: Do we really want a takeover now??...

I'll take an offer would you? Doesn't mean RN will take the first offer as if one company is interested then it's likely another will too.

RN is going to play this pretty tight since Noront is seen to be the key to a Mining camp. Noront is the only one proviing up a very rich deposit and everyone else has, until proven differently, moose pasture.

If a major overpays for Noront then they could control the whole area play and make juniors with discoveries come to them hat in hand. Not a situation I'd want to be in. 

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Oct 22, 2007 12:18PM
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Oct 22, 2007 12:50PM
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Oct 22, 2007 12:55PM
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