Re: d12 was being very conservative

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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cappysmart

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Re: d12 was being very conservative

in response to

d12 was being very conservative

Milsy1

posted on Apr 04, 2008 10:49AM

Nobody really knows what the tonnage is right now.Does anyone have a special formula that takes into account the drill intercepts,widths,depths etc? I don't see the point in mathematical equations relating to sp value when the most important factor in these equations is 'X' Trying to put a reliable value on the sp now is next to impossible.It's worth what the buyers/sellers today say it is.The traders own this problem,the longs will wait patiently.(a la crazydik)