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: 43-101 is necessary
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Apr 10, 2008 01:39PM
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Apr 10, 2008 01:47PM
I can only speak for myself and my post on this issue. I put forward the opinion that the timing of a 43-101 had to be strategic and that while NOT was still discovering ore it would not be in anyones best interest to prepare such a report prematurely and leave out tonnage that could enhance our value. A 43-101 is not only needed eventually but is essential. When you see companies release their resourse allocations, they show proven reserves and inferred reserves. It takes a lot of holes to have a professional geoscientist to sign off on the proven category. All I am saying is we have to be patient while this work is being done. It appears to me that NOT has good experienced consultants in geology and financial planning and I am prepared to wait and trust their judgement.
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Apr 11, 2008 05:37AM
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Apr 11, 2008 05:49AM
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Apr 11, 2008 05:58AM
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Apr 11, 2008 06:12AM

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Apr 11, 2008 06:44AM

msw
Apr 11, 2008 07:17AM
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