Re: For $0.80 we will buy a lot of land in the ROF.

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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rosehill

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Re: For $0.80 we will buy a lot of land in the ROF.

posted on Nov 12, 2008 05:03AM

"And what can we do with that 80% of the land, We have more than enough already to deal with. You don't own the land, you have to work it or lose it."

What are majors doing during this downturn? They are reducing output and looking to acquire junior mining companies with proven reserves and potential. There is a time to drill and there is a time to buy. We need to look at both.