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: question-thanks in advance-roos
16
Aug 20, 2008 06:29PM
1
Aug 20, 2008 07:08PM

Re: question-thanks in advance-roos

posted on Aug 20, 2008 07:11PM

Roos, the 30-50 billion that has been bantered about is a dollar value for the anticipated Chromite deosit (in-situ).

I a not going to go there in terms of what that might possibly mean with respect to share price value as there are way too many variables (#1 being 30-50Bn unsubstantiated, #2 is the 30-50 Bn for lumpy ore or processed ferachrome?)

Okay, I'm confused too.

Cheers,

Milsy1

6
Aug 21, 2008 05:33AM
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