Value Blackbird 2?

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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semismart

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Value Blackbird 2?

posted on Sep 23, 2008 12:02PM

Anyone else doing math on this?

900 Meters Long, 87 Meters Deep, 100 Meters Long. = 7,830,000x 2.5 = 19,575,000 tons

Value (assuming $600 per ton 10% insight value)

$1.2 Billion

Add that with Blackbird 2 and you might be talking 20% insight value? I am thinking... Might be worth $2-3Billion in Chromite? Add that to Eagle 1 - which I have heard we could mine for $1B for $1B in profit.

I really think our company right now is worth between $1.5B and $3.5B in market cap yeilding a share price of between...

$13.65 and $31.85, I will settle for a share price of $25 though...

What in the world is going on with this stock???

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