Re: DE1 Spinoff ??...dony CMP....

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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khareema

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Re: DE1 Spinoff ??...dony CMP....

in response to

DE1 Spinoff ??...dony CMP....

johndefur

posted on May 09, 2008 10:27AM

I have to dispute the reference to 50m being raised solely for ring of fire. The big financing in late 2006 was raised solely to fund exploration of windfall. They earmarked 400k to drill one hole at mcfaulds. Then suddenly most of their funds were being spent on mcfaulds. There is nothing in their rulebook which limits their ability to divert funds from one project to another.