Re: Cuts goes on Vacation...sorry but he believes

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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Francis Dube

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Re: Cuts goes on Vacation...sorry but he believes

in response to

Re: Cuts goes on Vacation...sorry but he believes

keegann

posted on Feb 29, 2008 06:51PM

'At $6.95 a share, Noront will have to 43-101 9 billion tons now. it MIGHT reach that level when they finish up on pod #4

Are you kidding me? first I am assuming you meant 9 million tons because 9billion tons is well impossible. secondly, at 6.95 a share or a market cap of 800 million, we do not even have the valuation of DE2 which at 5.6B GMV and 20% valuation would be 1.2B market cap. So our current market cap does not even cover DE1 so what are you trying to say when you say finish up on POD4...Leave that sh-t on sh-thouse please!!