more jv's, more drilling, and ROF map getting more colourful
posted on
Sep 30, 2008 01:28PM
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)
It is interesting to read by Lor's post that Chrome has no value. So, $600.00 per tonne has no value?????????????? I find this statement hilarious. Do you ever see the garbage roll off trucks on the road? The ones that have 20,40 cubic yard boxes. Companies like Laidlaw, Waste Managment, etc are filthy rich and make a killing. I dated a guy that owned a waste management company and stress to him was trying to decide which Hummer to cruise around in!!. They make a killing and charge $75.00 per tonne to remove garbage. They then have to pay the dump fees, drivers, fuel, truck maintenance, the cost of the facility they occupy etc etc etc. They get their boxes stolen from sites and repainted quite often and you wonder with all the costs how can they make money. THEY DO AT $75.00 per tonne. Take a look at all the companies doing this that are out there next time you are out driving. Look at a construction site next time and look at the box there.
Now $600.00 per tonne?We've all seen how the percentage of Chrome coverts in % to other metals like nickel, copper etc. I look at the new JV's constantly coming on board excited about spending their money to drill. I see neighbours continuing to drill and drill. I see the beautiful ROF map getting busier and busier and wonder if there will be any land left over in the next few years without a pretty colour and a name attached to it. Where will all the animals go? I worry for them. Why all the activity.? With the ROF share prices where they are why do companies like the new JV sureshot even bother? What is keeping everyone interested here.? Are these miners and companies all crazy. Do you actually for one minute think more nickel will not be found. DE1 came from somewhere and there is more of it. Noront found it first and knows the area the best. THen we get the comment from Noront that Mcfauld's is the focus for them and windfall is secondary. WHY WHY WHY. What do they see that we don't see? When gold is the talk of the town why is it taking a second seat here? What is so special here? Don't think for one minute the share price doesn't make me feel like screaming at the top of my lungs. Quite honestly I have screamed a few times(closed the windows first, of course). Once I get over my hissy fit, I look at what this company has done in a short period of time. I look at their discoveries, the management and the new impressive hires that have come on board and take a deep breath. I look at the chart last year and feel pity for the people that threw in the towel in utter frustration only to see it do what it did shortly after. Well, that person is not going to be me. My screams will not go in vain and I will wait for my reward. I deserve it! My lungs deserve it!
I'm Holding my Not shares and would buy more if I had some money. Almost want to phone up that old HUMMER boyfriend!