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)

Free
Message: More newbie questions...

More newbie questions...

posted on May 12, 2008 07:36AM

And I will do my best to avoid any possible semblance of perceived bashing whatsoever, lol.

1. Much is made about the ~$50 Million in cash that NOT has. What is a good amount for a jv drilling explorer to have in the bank in general? As I look at other companies, is $10 million good? $20 million good? How much does it cost to drill holes and pay for lab results?

2. Can somebody post a link to an article or the topic of staking? I mean, simply out of curiousity, what does it take to "stake" some ground in the ROF? I mean, could three or four of us get together, form an LLC and claim a couple of acres for the fun of it? When a company put in claims does it actually cost anything? Who owns the land in the first place?

5
May 12, 2008 07:50AM
5
CMP
May 12, 2008 08:46AM
10
May 12, 2008 11:19AM
Share
New Message
Please login to post a reply