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: Consolidation
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CMP
Jun 06, 2008 03:38AM
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Jun 06, 2008 05:21AM
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Jun 06, 2008 05:45AM
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Jun 06, 2008 05:55AM
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Jun 06, 2008 06:09AM

My apologies to the board for prolonging this but I have been away all day feel I have to reply. If you look at the ROF you will see that along the magnetic signature that forms the "ring", NOT already has control either outright or on a shared basis of the land that is desirable. What significant land is not under their formal control, they have friendly liasons through common board members. Probe and Fancamp are constantly being discussed on this board so it's not a stretch to think some actual posturing and strategizing is going on. Noront is doing the consolidating, that is a fact and they are doing a fine job of it.

The main point of my post is "for what reason are they consolidating?" Obviously to interest a major. However, what I am surmising is that an actual deal could be done with two or more majors based on the geological strengths of separate regions of McFaulds ROF and given the vast area. This is a very positive outlook for the future. Geoprof mentions the Noranda Rouyn camp. WE have enough room for many of those. Things are looking very very good.

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Jun 06, 2008 10:16AM
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HSS
Jun 06, 2008 10:18AM

Jun 06, 2008 10:19AM
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