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: No roof!!

No roof!!

posted on Mar 01, 2008 03:51AM

The biggest change is that a mine is all but built now. So this changes the valuation model from 10% to 20% minimum. Once the 43-101 comes out, we will have a permanent floor under this company. However, we may never have a roof LOL!!!

Glorieux

This is a post I did on the other board and liked the no roof anology so I thought I would share it with my friends here. Have a great weekend everyone.

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Mar 01, 2008 03:57AM
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