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: Something to consider....QQ
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Mar 07, 2008 02:35AM
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Mar 07, 2008 03:09AM
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Mar 07, 2008 03:14AM

Interesting points.

I sense the scale of DE1 is much larger and more complex than previously thought. More drilling may be required to ascertain its size.

Richard, the wily coyote, may in fact be delaying a 43-101 in order to buy some time to get the share price elevated. With the other juniors drilling now or soon, there will be more upward pressure on SPs.

With a NOT SP around $10-$12, RN could raise more capital for more drilling. A rather enviable position which will have the majors licking their chops.

RN is the promoter for NOT, and all shareholders will benefit.

Snug

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Mar 07, 2008 05:53AM
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Mar 07, 2008 06:04AM
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