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: On Edge regarding Windfall
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Oct 08, 2008 01:51PM
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joe
Oct 08, 2008 03:45PM
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Re: On Edge regarding Windfall

posted on Oct 08, 2008 05:42PM

"All four drills should be defining the chrome resource rather than searching for the next big strike."

Can't agree. Proving other finds is far sexier than proving up resource as we've already found and it uses a lot more drills for resource than carefully mapped drilling for new finds. New finds stimulate imagination more readily and where the CR is concerned, the majors can pretty much determine how major the find is when plotting numerous strikes as opposed to drilling one anomaly with 40 holes. What would you think if we found 40 more deposits as opposed to proving up one find with 40 or so holes. It's a lot tastier.... 40 new finds.... as opposed to one find with 40 holes in it. Sexier for investors, sexier for majors.

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Oct 08, 2008 05:49PM

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