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: Don't know if this helps, possible legal dispute
3
Jun 03, 2008 08:31AM

Jun 03, 2008 08:42AM

What kind of certification/audit is done to ensure spending agreements are met. We are talking big money here and once you let the lawyers get into the situation, all bets can be off. Could we possibly have a situation where NOT did not provide proper documentation, in a prescribed manner within a prescribed period of time? The question of ownership may be in doubt (in the Probe lawyer's minds). Remember we are talking huge $$$ here.

Possibly this is why Probe tossed the salvo over our bow.

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