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)
Message: Where is NOT in the life cycle?
In the ROF I see us at the discovery and speculation stage. Where we are exactly on the slope of that line we cannot know. My bet (and DD to this point) is that we are somewhere around the $1 mark, in the green, on the chart below.
At Windfall, we are at the production decision stage, and if all goes well, right at the start of the blue.
Nice to be part of a junior company with have a boot firmly planted in both phases, the green (for $$$!) and the blue (for blue sky!)
Makes for good balance.
IMO
BK.
New Message
Please
login
to post a reply