Re: News...no counter offer coming- Glorieux
in response to
by
posted on
Oct 30, 2009 01:36PM
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)
rapidrop,
I too was excited when CLF got involved in the ROF. Unfortunately, we have yest to see an impact in stock price because of their involvement. Perhaps I need to wait a little longer.
Both chromite and CLF don't add up to what we have in our nickel deposit. I often wonder where our stock price would be today if we had no chromite. On the other hand, watch what happens if the drilling on the NOT /FWR JV hits nickel. Both FWR and NOT will soar on the news. If they hit chromite we will get a big yawn from the market and more talk about CLF. I simply don't understand what all of fuss is about when we talk about chromite.
rosehill