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: Time

Re: Time

in response to by
posted on Nov 06, 2009 01:22PM

On Sept. 24/09, FWR was at 22.5 cents and NOT was at $1.83 and this works out to just over 8 times.

After NOT made their offer, FWR jumped up to .50 cents.

If FWR rejects the offer, I'm sure it will drift right back to where it left off , so I really don't think we need a game breaking news release to sweeten the offer.

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