Re: Making sense of it

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: Making sense of it

in response to

Making sense of it

CMP

posted on Jan 16, 2009 08:37AM

It's too early for the chromite stuff. We have no hard number for tunnage. The market is not in the mood to speculate on chromite. In 18 months or so this story will sound much better as the economy begins to recover. I beleive the size of the deposit will grow in time. We know that the grade is great. As far as the location is concerned, big minig outfits don't care too much about this issue.

It's going to be a long ride if we keep staring at the clock.

rosehill

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