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)

Free
Message: Re: Recap Positive and Negative Macro Factors In Valuation

Of positives:
Eagle is not so much huge in size but that the profits relative to expense of production are huge. This is a high quality resource and I would only call it, size wise, as large.

Of negatives:
The fact that infrastructures will be shared is a positive to me because we do not need to assume the total cost. Where the negative in it lies is that the necessary infrastructure in not present, not easily implemented, and because of the cost sharing, we are subject to the timing of others.

And SUM4, of course you are entitled to your opinion but I disagree with your assesment of PGE's being the important part and want to send you on what I believe is a more correct path.
Nickel is where most of the money ( thus profits ) lie, followed in order by copper, platinum and finally palladium. Anything else would have to be proved to be profitable, speaking only of Eagle's Nest.
The markets do not give much hoot about impressive metals on public, they care about money and how quickly and easily it can be made, so nickel is king by far because it delivers way more cash to us, the shareholders then all the other metals combined.

Share
New Message
Please login to post a reply