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: Kid Creek Comparison - Don't poop your pants after reading...

Kid Creek Comparison - Don't poop your pants after reading...

posted on Jul 31, 2009 02:06PM

Kid Creek - Massive Sulphide Copper Mine in Onterio 138MT stretching to 3,000 Meters Depth. Orientation looks very similar to Eagle 1?

Eagle 1 at 945 Meters is still open at depth (spooky isn't it). If Eagle 1 is a channel, which I am betting it has to be, fluid dynamics dictates that this stuff can't fit through a garden hose. When Eagle 1 is found to extend 3,000 meters in depth like Kid Creek I calculate that we will have 67Million Tons of Material.

NSR value 67 tons averaging:

3% Ni grades = $32 Billion Dollars

2% Ni grades = $21 Billion Dollars

1% Ni grades = $10 Billion Dollars

I put in terms of share price given 30% NSR Just for fun

3% Ni grades = $58 Share

2% Ni grades = $39 Share

1% Ni grades = $19 Share

So if these Ni grades come out at 1% don't be un-happy just know all we need to do is keep drilling... I am a greedy man so I am wanting 3% but can emotionally handle 2%...

Have a great weekend all! Just remember your probably already a millionare... unless you are already a millionare then you are just even richer....

Semi

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Aug 01, 2009 05:33AM
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