Visiting the FP, "Is this Voisey's Bay II" Article this past October.
posted on
Jan 27, 2008 04:30PM
The following is a quote from the "Is this Voisey's Bay 11" article written this past October in the Financial Post and specific to John Francois Tradif of Sprott Asset Management:
"But Jean-Francois Tardif, a fund manager at Sprott Asset Management (a major shareholder), calculated the company has already identified about $2-billion in value under the ground. He also pointed out that some of the drill holes have values of far more thanUS$1,000 per ton.
"Some mines are profitable at US$15 or US$20 per ton," he says."This would be massively profitable if it was being mined. The grade is just unbelievable."
I do realize the article is somewhat dated and JFT apparently has done a bit of flip flop on his opinions (BNN interview with Harward Green), but there must have been something to what he said this past October. I wonder if he is being muzzled and told to tone it done. Or given now that time has passed he wants or was to toldĀ to get confirmation on this deposit and then really give his comments on this find. Just courious. Interesting though....
Complete article Link: http://www.macdonaldmines.com/Downloads/Financial_Post_October13_2007.pdf