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: BNN talk

I think you folks are getting side tracked with the nickel price and inventory.

We are not producers but Explorers.
Our nickel and associated metals will not hit the market for a few years at best.

For nickel price to be affecting us the price would have to have a drastic increase and not only that, the prospect for that price to hold for a year or more would have to be included.

Anyone interested in buying is out looks with at least a few years into the future and the resource has to be of a size that will make it worth while. With big drills to be operating it looks like resource size will not be a problem but timing is. A buyer does not look at daily or even weekly fluctuations of metal price when it comes to buying an explorer. Their interest is how it looks on a yearly basis with cost of infrastructures being put in place.

I think we should be looking more at the drills - Where and When.
What will additional drilling mean to our asset value and finally how will we advertize ourselves to potential investors.

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