Re: I have a theory-From Sudbary
in response to
by
posted on
Sep 18, 2009 09:12PM
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)
Sudbary, your theory makes sense to me.
There are many mysteries here. To add to your post ,of interest to me ,was the following additional history I think about when I read your post.
(1) This was from Kaiser Bottom fish as a reminder.
"What changed my thinking was a total magnetic field map and an electromagnetic conductor map involving HLEM data processed by Scott Hogg & Associates on behalf of Fancamp Exploration Inc (FNC-V: $2.06) which owns a group of claims whose edge is about 200 metres from the discovery. In an effort to help my readers appreciate this information I have scanned the hardcopy, rotated it to give it a north-south orientation, highlighted the key geophysical feature, and annotated the claim block ownership. The EM map above shows a distinct EM conductor (highlighted in yellow) starting in the discovery area (circled) on the claim block Noront acquired from Greenstone/Condor in a southwesterly direction for about 300 metres before it bends south, and then curves back into a southwesterly direction for 2,000 metres before it peters out. If the mineralization Noront has discovered is associated with this conductor, we are dealing with a tonnage footprint in the tens of millions. Of course Noront will have to confirm through drilling that this mineralization is indeed associated with the longer conductor, and not just a short conductor that happens to adjoin the long one that might consist of the dreaded graphite. And of course assays will have to demonstrate to what extent similar grades prevail within this longer conductor. These are some big "ifs", but what is important is that these "ifs" do exist, something I was not aware of until Monday afternoon, and which I highly doubt Brent Cook was aware of when he analyzed the information so far disclosed by Noront. In the context of this geophysical information I think there is good reason to hold one's breath as Noront's drill rigs probe the length of the conductor. "
(READ AGAIN THE PART ABOUT SOME INFO NOT BEING DISCLOSED TO BRENT COOK BY NORONT).
(2) Back in the fall of 2008 Fancamp found 3.52% nickel over 0.9 meters as well as other metals 40 meters deep on C1. Noront also drilled into the target for 44 meters. 44 meters??
(3) In May 2009 Pinetree buys more BMK shares and it's states they now own 10.5%. Why buy more in May? There has been some interesting movement and volume in BMK for some reason.
I think a lot more is know and a lot of games are being played for the purpose of control.
I think about Fancamp's nickel find and most recently nickel found by Freewest and you can't help but wonder just how big this thing is going to be.