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: Long but interesting read - especially about the Chinese! - herb
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mir
Apr 17, 2009 05:51PM

"Do I see this happening??? I don't know for sure. Remember, China has over 1 trillion dollars to spend on "hard assets" over the next little while. After proving up the resources in the Ring of Fire, they will likely be very interested in it"

Which is why we are hearing diddly about any serious resources of any serious numbers. One has to assume that the BOD's want to make some money and they won't make any if they sell for pennies. NOT hasn't produced any notable N.R.'s in months and FWR is putting out core lengths but still no numbers to acertain resource.... just the posters are doing that... and maybe they shouldn't.

When they want the sp to fly they will let it go along with some substantial report on results and then come what may.

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