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: Just for the record
A classic case of inappropriate valuation. The world's oceans have a huge gold content BUT almost no one is extracting it - WHY? = NOT PROFITABLE. It matters not the size of the deposit if it can not bring cash into your wallet. Seems many have fallen for the 'Hugeness' of Pebble before considering profitability. Eagle's Nest deposit is a rare piece because it produces mostly profits from processing instead of sucking dollars into operations. Hugeness only has value if the profits are well above operating costs.
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