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: ROF round-up of Timbits

ROF round-up of Timbits

posted on Apr 02, 2009 04:15PM

i talked to some companies this morning and not much forthcoming that we do not already know:

here are some points that might interest:

  • IBK still confident in fulfilling PP'S
  • MAJOR INVESTORS STILL ON BOARD for the same
  • NORONT may have not entered into another contract with AG because of possible listing with TSX ...such contracts may fall into non -compliance ...this was suggested as plausable and not confirmed ...of course
  • Noront may have adopted a "program by program" news release style ...meaning we hear the results only after an entire program of drilling is in ...and not four or five or ten drills at a time ...apparently this is compliant provided it is actually a publicized stratagy of corespondence.
  • UC raising capital with IBK also .... ready to drill in the spring early summer
  • Neil Novak marked on the map for me exactly where the drilling is suggested to take place ...Jim Voisen confirmed it ....wish i could scan it but no luck ...it is boardering NOT, just after the FWR option property, which is in line with the current pathway of overall chrome/PGE deposits.

please remeber these points of interest are rendered as my interpretation of events and conversations.

that's it for now :))

i will be at smokeless joes on John st. on friday night if anyone would like to discuss further ...my interpretaions will only get better with a pint of London Porter in hand ...if your not in Toronto then my sympathies :))

oh ! one last Timbit !! ....the ROF is now being referred to as "King & Bay"

when quizzing as to why this newly adopted nick name, the answer was simple: ....its a big address with a charted bank headquarter tower on every corner ::))

i still like "big daddy" the best

our day is coming but we must be patient.

buy for now ....danny


(to my freind in Montreal: excuse my spelling)

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