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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AT-12 4% Ni

posted on Dec 10, 2009 03:53PM

AT-12 has 4% Ni.

It is my understanding that 4%Ni of this grade can not form in a conduit that is only 15 meters wide. Therefore they are onto something big out there, I thought this was fantastic news. Still a lot of what ifs. Not too deep - Runs horizontally instead of straight up and down this time... but if we were a stand alone company we would have gained $50MM in market capitalization on this news today?

Eagle 1 goes down another 100 meters - super high grades and management things that we will have economical grades down to 2,000 meters. If 100 meters gains us 1-1.5M more tons. It also means we have 10-15MT minimum.... = mine...

For once I agree with Genuity and am thinking we will be at $3.50 in the near term.

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Re: AT-12 4% Ni
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rwinger7717
Dec 10, 2009 03:57PM
Re: AT-12 4% Ni
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longone
Dec 10, 2009 03:59PM
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