Snow Man Theory in Tonnage

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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semismart

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Snow Man Theory in Tonnage

posted on Aug 21, 2009 08:27AM

If you look at the formula for the volume for a sphere... and if the snowman theory is correct at 1:2:4

Eagle 1a = 2.9MT

Eagle 1b = 23.2MT

Eagle 1c = 185.6MT

Total Tonage = 211MT

You guys this is a little bit off the charts... If IBC really thinks this there shouldn't be a share of stock available right now... I mean even for a semismart calculation this is way more than I would expected or dream of... They must be thinking we have 20MT? Although 211MT would explain why we are looking to get into the minning business (at 211MT you mise well - because no minning company can afford to buy you anyway) and why Wes will be spending $.85 of every dollar on Eagle 1. You know when a CEO says $.85 that means 100% he just wants to cover himself in case he wants to do something else...