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: This is NOT what we want. UTS - unsolicited offer at 51% premium

Re: Control - hoov

in response to by
posted on Jan 28, 2009 05:39AM

"there is still too much uncertainty about true..."

Given the shape most ALL Banks throuth out the World are in at present, it is more likely that most all Majors (including non Mining Majors and Pension Fund types, etc) are very uncertain about the Banking Industry's ability to do financing for any major Mining Industry related initatives. And the Mining Majors are presently gripped with their own need to keep plenty of cash on hand to ensure themselves they can survive the worst case outcome on the Banking MESS.

There is much less uncertainty with respect to the TRUE Value of the mineralization known already in the RoF.

Old Joe

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