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: Query...

Re: Query...

in response to by
posted on Dec 20, 2009 07:39AM

Yes you have to wonder. Costs are relative to CLF and the acquisution of FWR will be cheap for the cost - so once the resources is controlled keeping a lid on it or mothballing it will certainly be an option on the table, to be considered with the general marketing picture, and development costs and problems.

All NOT can do is press on with business. It has a lot of cash to take care of current and future needs

Note that my score is dropping - presumably the work of FWR supporters - it's the system I guess

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