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: can someone run the numbers? More.
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Feb 06, 2010 06:03PM
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Feb 06, 2010 11:11PM
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Feb 07, 2010 02:10AM

To bring up the share price. All institutions and financiers use verified data for their decisions regarding investing. I am a small investor and I also rely to a large extent on such.
1. I look for a verified foundation and speculate on the remainder. No one wants an estimate based 100% on speculation. Too risky even for me.

2. Pehaps there is an interested party to do a JV with us but they need proof of a larger resource to commit.

3. OR more plausible as I see it, we are vulnerable to a buy out. I do not believe Cliffs is only interested in the chromite and if they did why not get ours and farm out or sell the other metals.

No I do not agree that it only applies to loans. Third item above is in my estimation the most likely reason.

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