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: The Xstrata Riddle
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I may be wrong but.... I don't think we will see what would be a normal PP. What we will see is a financing of various types or a buy-in to get the mine construction money. The cash on hand will be used up exploring and new money will be for getting out the top 220,000 highgrade ore over an iceroad while setting up for the rest to be removed later with the profit from the Eagle 1 surface ore. IMO

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