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: Nickel rallies to 21-month high

simplified 11,000,000x 2%nickle x $24750 per ton $5,445,000,000.00 very simplified because I did not use tonne weights??

roughly $5.4 billion gross

techies please dont get too concerned about this calc but correct me if I am off by a billion or so I said it was rough calc.

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eja
Mar 31, 2010 09:18AM
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