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: KWG news
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Jan 21, 2009 05:42AM
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Jan 21, 2009 05:55AM

Agreed, for minimal initial investment a 'flag' has been thrown down indicating interest from a major. Obviously NOT/FWR/SPQ etc. would not enter into a deal such as KWG did but that's not the point.

Somebody is finally indicating that the ROF is going to be a huge mining camp at some point in time. Obviously they feel KWG will, on their claims, end up with some piece of the action which will be worth far more than the few million bucks tossed in over the next few years to take down the option.

Now if only NOT/FWR/SPQ or others with prime position in ROF ink some deal we'll really see fireworks.

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