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: Appears
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Feb 21, 2008 05:50AM
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Feb 21, 2008 06:12AM

Good response and plan Glorieux. What confounds me is the fact that management went ahead with the drill program knowing full well it was a guess at best without the new ETMs.

I don't understand why they would go through a pp for very little and then use it to drill using the old ETM results. Seems like a waste of money to me or else someone in management is in a hurry to sell.

I supppose the promise of more money as required gives them licence to spend what and where they want.

I know many hold BMK as well. The saving grace here is that they have proven to me that there is mineral all over the area and its just a matter of time before BMK and many other plays will hit.

At this point there appears to be potential for one or more huge open pit mines to start....Don

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