Re: Well Well

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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Edgy

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Re: Well Well

in response to

Re: Well Well

MichaelEr

posted on Jul 28, 2009 04:18PM

"1. The NR is about exploration and the value of new findings exceeds the capitalization at the moment of NR"

I beg to differ MichaelEr.

Would be true if there were no more resource to discover.

But this is only a begining and people realize this and pay extra because of what they expect will be, and not just what is.