Re: Burn rate

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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Milsy1

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Re: Burn rate

in response to

Burn rate

From_Sudbury

posted on Oct 02, 2008 08:40AM

From_Sudbury.

Let's assume that Noront management are privy to the pitfalls of raising capital in these markets. Let's also assume that they know more about the short-term potential for cash-flow from Windfall than you and I both.

Let's finally assume that I have greater faith in our management team than you do.