Re: Take out by a major

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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Canseco

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Re: Take out by a major

in response to

Take out by a major

khareema

posted on Jan 20, 2009 04:07AM

Khareema,

I couldn't agree with you more.

You wrote,

"Much has been written in the last day or two about how no major is going to take us out in the present economic situation as so many of them are shuttering production."

The reason some majors are "shuttering production" is because they are THINKING AHEAD. In my opinion, they will be thinking ahead regarding future assets as well.

We most certainly will be bought out, individually, or as part of a group, and there likely will be a bidding war.