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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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From_Sudbury

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Education

in response to

Re: What's the good word now Glorieux! - Aussie1

Milsy1

posted on Aug 20, 2008 06:07AM

Seems the market is not very educated with regards to chromite.....part of the recent 43-101 was to educate the public on the value of this chromite...at 40% Cr2O3 (massive chromite) equals 3.5% nickel...

Today is a test to the market on whether they get it or not...so we have about 45 meters of equiv 3.5% nickel ......judging by the action so far on FWR and KWG and SPQ after yesturday's news; and after hours so as to give them time to research the significance and all.....seems they still don't get it