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)

Free
Message: Re: This will be done with loan from

Come on, Guys: He said financing would be done with equity.

Equity financing means exactly that. Money obtained by giving equity. Equity means a part of the company. Anyone who has been in business and has had to raise capital understands the term.

To raise this amount of cash though should be easy, once a bit more is proven. A major would have little problem backing a loan for 170 mill as we would probably get half of it back from the Ontario Govt. I could see them offering 100 mill for 10% with the remainder coming as a grant of some sort. And suddenly we are back in business with our SP.

Regards

K

Share
New Message
Please login to post a reply