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: NOT vs. FWR

NOT vs. FWR

posted on Sep 25, 2008 12:09PM

Let's play with numbers again in this boring day to make some fun. Let's assume other projects NOT and FWR own are worthless. (they are barely reflected in sp anyways.)

McFaulds land claim units: NOT 6258 vs. FWR 140

Shares out: NOT 129,824,783 vs. FWR 178,704,089

Current SP: NOT $1.76 vs. FWR $0.32

Let's take another assumption that Chromite, Nickle etc. grades are the same across McFaulds.

NOT's value based on FWR sp:$19.69

FWR's value based on NOT sp: $0.03

It should be obvious to people which one has the most potential to be doubled in the next couple of months/years.

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