Re: Comments on direct shipping Hi Grade-Poly ( answe, / question?)

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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rosehill

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Re: Comments on direct shipping Hi Grade-Poly ( answe, / question?)

posted on Jun 12, 2009 06:36AM

"Windfall isn't going away, one could consider it as an 'Ace in the hole'."

Don Jose,

The geology at Windfall is challenging. I have talked to several geologists who know the area. They don't believe the ramp was a good investment based on the hit-and-miss nature of the gold deposits in the area. Richard himself told me that more work could have been done in the area and he most likely would have proceeded if he was still at the helm.

A ramp was definitely needed to properly explore the area. Was it high risk?Certainly looks that way to me.