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: Strategy
6
Apr 21, 2009 06:50AM
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Apr 21, 2009 08:02AM
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Apr 21, 2009 08:09AM

Agreed Sum, From a corp. relationship/land proximity early stages of development standpoint I figure best to keep your friends close and your competition even closer. NOT's retained the cancelled JV props as now 100%, still have JV 's on the ground and as stated they will look at any ops or aquisition/investment around the Ring, this i think is of the upmost importance, the securement of acres. I believe that NOT and FWR are just starting to kick tires themselves, essentially evaluating potential suitors as they come forward, there were strategic primers to get things going, that was our letter efforts to MPs, Cliffs KWG buyin, the Marten Falls land use agreement, gov participation regarding roads and infrastructure, the silence from the drill teams, recent trading action of select entities around the ring, rumor of another Nickel Hit which in time may be substantiatied as fact, the difficulties of varying sorts with respect to African chromite production, and now the announcement of the impending NOT luncheon, post FWR AGM by a few days, which has a guest speker associated with Kermas South Africa (Pty) Ltd, which owns Samancor. Samancor info below. Samancor

has a share in: Advalloy (Pty) Limited(50%), South Africa
has a share in: Columbus Stainless Steel (Pty) Ltd (12%) - Middelburg, South Africa
owns: Hotazel Manganese Mines, South Africa
has shareholder: Anglo American plc (40%) - London, United Kingdom
has shareholder: BHP Billiton Limited (60%) - Melbourne, Australia
has shareholder: De Beers Group SA (30%) - Johannesburg, South Africa
is owned by: Kermas Group Limited, United Kingdom
has shareholder: National Empowerment Fund (20%) - Johannesburg, South Africa
has shareholder:

Siyanda (50%), South Afric

In my opinion these guys are here to try to take control over all minerals, diamonds included in and around the ROF, BHP of course havin a huge say in Samancor operations. Most interesting time around the Ring in quite some time.

Really on the edge of my seat

Notster

3
Apr 21, 2009 08:51AM
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mgb
Apr 21, 2009 09:13AM
3
Apr 21, 2009 09:20AM
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