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: Re: This is very right...
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Jan 29, 2010 06:05PM
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Jan 29, 2010 08:32PM
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Jan 29, 2010 09:23PM
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Jan 29, 2010 11:02PM

Burnhard

This is a nice try to put a positive spin on things, but here are several negatives to ponder:

1. The drills are best to turn when the north is frozen. Prime drill time till it turns to mush. Northern drill programs routinely plan for this.

2. Planes can't leave, either can drill cores.

3. As far as other things to work on, there is a routine flow of things that is not easy to circumvent. The critical path of the program includes the drill time.

4. Layoffs are not easily recovered.

5. This press release does conflict with very recent statements of no interuption of the program.

We can only hope that Wes has a reasonable plan to negotiate quick free passage for the Noront activities, and all information from them hints at that strategy.

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