Re: When MAC --said I want cash for the chromite----correcti...
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posted on
Oct 07, 2009 03:31PM
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)
FWR has 4.2M shares of QUC. QUC jumping from 17 cents to over $4 in a month brought over $10M to FWR's worth...I think that was the reason the stock woke up...not because the market finally fell in love with Chromite. The other option is that we had a leak of the NOT offer...not sure what the trigger was between those 2 but there was no other reason to change the market sentiment.
Gl.