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: Rosseau nearly bankrupt
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Nov 20, 2008 06:11AM

I'm not going to gloat about this bad news for Rosseau. Whatever it might do to Noront or not do. First, what evidence do you have to support your opinion/fact? I don't know much about Rosseau mainly because I don't care. If you have somrthng tangible that they are failing, then this grab by them may have been a last ditch stand to turn something good like Noront into something to help themselves escape their mess. I wouldn't be surprised. I also agree with a couple of others about this find. It will become more valuable and important when we get past this market crisis. It will be at least two, maybe three years before this area is drilled so we know to what the extent of this find is, hence its real value. By then, hopefully, we are into better markets.

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