Re: Those considering not tendering, here is another scenario_M

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)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

BarbuBeatnik

Rank: Treasurer [?]

Points: 7693 [?]

Votes: 208 Score: 2.9 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Those considering not tendering, here is another scenario_M

in response to

Re: Those considering not tendering, here is another scenario

MISFIT1

posted on Dec 08, 2009 06:17PM

"Who knows? They may have plans to never develop the property, but just keep their competitors from gaining a foothold in the area until such time as the infrastructure is in place."

I think Neil, Frank and Jim dislike this idea... Better to have a developer like Noront to be the King of the ground for as long as possible. I expect friendly talks to take form between the ROF explorers following NOT's 'takeover' of FWR. Consolidation before a Major puts its flag up is more than suitable, if we don't want to see desperate selling of assets by exhausted heavy float SPQ and others in the following years. This NOT move is a turning point. I am more and more confortable with my decision to tender.