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: Many here appear not to undertsand the offer...

Re: Many here appear not to undertsand the offer...

posted on Oct 08, 2009 12:28AM

I am still waiting for some kind of response from any knowledgeable NOT shareholder - my questions were -- what is the estimated gross in-ground value of the Eagle1a deposit? I have looked at the NI43-101 of December 2008, and used a figure in a post, but was corrected, told that this was not the right number.

My other question is how much impact will the proposed rail line into the ROF have on the economics of the Eagle !a, b, c, ? Surely this will allow lower shipping costs and so perhaps the mining of ore at lower cut-off grades? Any opinions?

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