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: Basic Facts Again

Basic Facts Again

posted on Oct 07, 2009 06:30PM

Simply, CLF has lots of money. They love FWR etc. They will continue to buy. Others are being forced to throw their hat in the ring now. NOT had to take a pre-emptive move to make the acquisition game more expensive. They have succeeded. Values will increase. Drilling will proceed but is now going to gradually become a secondary force in the market price movement.

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