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: Re: Let's straighten out some of the facts
8
Oct 07, 2009 02:01PM

Hey Khareema......good points and YUP! Maximize shareholder value! That's what it's all about.

Who and when is economically viable is a sliding scale.....certainly Cliffs have measured FWR, KWG and SPQ on their sliding scale and said 'Yes', it's viable(or soon to be). NOT believes the Eagles are viable(or soon to be). I doubt it will take 3 years of more drilling for either company to have a really good picture of their deposits.

I don't characterize this as a moral route....just practical. We both want the same thing as an end result.

...cheers....sambone

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