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: If in fact 50% of Windfall is sold

You pose a good question- Is 43-101 a big prerequisite ? The answer is likely "It all depends on the buyer and the risk/reward he perceives from scooping a world class resource." There are many examples since the really big (successful) guys in mining ar very happy to make there own risk/reward assessments, and in fact generally prefer to deal quickly and quietly with no fanfare.But frankly, at these bargain basement prices, a BHP or Xstrata is just as likely to make a pre-empt on the whole of NOT.

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Oct 03, 2008 08:18AM
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Oct 03, 2008 08:49AM
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