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: major buy-in?/
6
May 14, 2008 03:33PM
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May 14, 2008 03:53PM
For all of you guys who worry about a 10% buy in and what it may be worth and why would they do it etc etc, do yourself a favour and read "The Big Score". It will tell you why Diamond Fields let a major buy in and what was in it for BOTH parties. And, NO, only needing 41% more % so they could take over DF was not a reason the major bought in. As a matter of fact, that was one reason Diamond Fields sold 10% because it was agreed upon that the major gave up their 10% voting rights to DF so that no one else could make a hostile takeover bid. Reading this book should be one of the main things you do if you are sincere about doing your DD. Regards, Shaquille
5
May 14, 2008 04:05PM
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