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: Just Curious
7
May 22, 2009 12:31PM
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May 22, 2009 12:49PM
8
May 22, 2009 01:39PM

"we had better hit some more high grade nickel or else we could be pushed down to below .10 by Dec,,,think about it, what will the market say if we have missed with all 5 drills going???,"

As has already been pointed out, it is not likely that the NOT BOD would express the concept that they have to have NI or the rest won't matter unless they already had it in the bag. If one considers BMK's Ni find over a great intercept but with much smaller percentages, though very minable, one should conclude that with the rest of the smorgasboard of minerals up there, there isn't much doubt of the significance of this area for mining. There are many out there who like to pour water on the ROF but ultimately it will just burn a whole in their buckets. The players know it will happen but they'll enjoy playing in the interim sea of doubt that they cast others into.

12
May 22, 2009 03:27PM
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May 22, 2009 03:40PM
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