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: Food for Thought... Geoprof-SnugTheJoine...
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Interesting thought, although I know of no precedent for this in the mining industry in developed countries, maybe in third world or developing countries.

 However, one analogy comes to mind. A group of Canadians had a trailer park somewhere in Florida. A developer approached them as a group to buy them out for future development of an upscale resort/condo complex. Each seller would have received +- $1M US. They agreed, but in the end the would be developer backed out.

 Maybe I should have posted this on the OT.

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