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?...diamondj
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Sep 09, 2008 07:31AM
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Thanks you for the information geoprof. I see semismart's reponse was also going down the path I was wondering. Would we be better off with FNC hitting nickel/copper or continuing the chromite discovery. I am still confused as to why the value of the chromite is not waking up the market. I know we are still adding to the value of DE1, and DE2 is still going strong. We have so many potential releases of information at this point.

I have no doubt in the potential of NOT and am patiently waiting along with many of you. When I look at the pros vs cons the scale is so one-sided.

Is it possible that because NOT is now a multi-mineral discovey (gold, nickel/copper, chromite...) each one being capable of potential mining. The market is confused as well and can not always differentiate what is good and what is even better? I remember at the luncheon a long time ago a major (I belive it was Vale might be wrong) was sharing the same table side by side quite proudly. Then we knew it as a nickel/copper play and so did they or maybe not. Now one has to ask the question can a major handle this company with 3 possible distict mineral discoveries or are the majors that once cirlced the wagon not sure if they can handle NOT as it continues to grow. I would belive it now being looked at by even bigger majors or maybe NOT has a new structure plan in place accounting for the new management additions.

Just more thought to ponder...

Regards Jay


Sep 09, 2008 09:40AM
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