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: Assertions

Re: Assertions - Nice analysis!

in response to by
posted on Apr 15, 2009 07:31PM

Sum - I think you encapsule what many readers have been wondering, as to where some of these overblown predictions about FWR, SPQ, KWG, UC, etc., are coming from - and especially the prediction that Cliffs is going to "absorb" it all. Has no one experienced or observed a bidding war?

There is too much at stake already that is exceedingly undervalued, and that is in the full public eye of major mining concerns. None of them are going to allow Cliffs or anyone else to waltz in and take over without a fight.


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