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: 1M shares already traded
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Jun 30, 2009 10:48AM
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Jun 30, 2009 11:01AM
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Jun 30, 2009 11:05AM
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Jun 30, 2009 11:20AM
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Jun 30, 2009 11:33AM

The chromite does continue across the top end of FNC. It is my opinion that FNC is in a waiting game and will be bought into or out.

I'm sure it is documented and I have read in one of the NRs that one of the reasons Probe is drilling above FNC is to hit part of the chrome that extends there. The claim is at the corner of FWR. NOT and atop of FNC horizontally. I'm sure they point that corner out as one of its targets for this drill program. So if they NOT believes Probe has some, it has to extend from FNC.

I'm sure that FNC as well as BMK will come into play here.

Think of NOT's plan to grab land. This NR with PRB has the possibility to add a huge land mass to NOT or to a consortium of sorts. Add to that all the land that BMK has along with FNC (probably temex eventually as well (since one was to take over NOT a while back).

So think about this. BMK land, FNC land, NOT land, Temex land, Probe land, ..... beginning to add up aren't they? Beginning to look like a small country......:) And we have a road coming in??

Sudbury_novice, myself and several others were at the FWR party during the PDAC.

We were speaking with a number of CEOs etc....

One very well known and well liked individual remarked that he has a 2% NSR (net smelter return) from a few years ago with BMK and FNC. Cliffs called this individual up regarding the 2% nsr. Why would Cliffs be interested in a 2% nsr from these to plays or even be interested in them??????

This little tidbit leads me to believe that things are just getting started up there and when the dust settles many of us may be pleasantly surprised.

Don

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Jun 30, 2009 01:20PM
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Jun 30, 2009 01:43PM
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