Re: new options?? - kegs
in response to
by
posted on
Nov 06, 2011 06:54PM
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)
Well it's an interesting perspective you have, but you'll need to remember that it was Cr a while back that also got zero interest, actually it mostly caused NOT's price to wilt....but look at it now....simply because big US bro came up and said they wanted it. So now imagine that big African bro (er rather the big co's that run the show) comes over and says they'd like our platinum and what ever else comes up with it. Would NOTs sp stand still to that do ya think? And at the weigh scale I'd say that the price of platinum pretty much muscles out the Ni Cr Cu or what have you. The bottom line is that none of this matters as the players aren't stupid, they know what's there and they know what they want but in the end if our BOD is smart, and I'd say they are, they're not going to get fooled by somebody's end play because they, more than anyone, know what's going on down there in the deep. It's also semantics as to whether you call it two mines or one mine streaming. In the end the various minerals will require their own treatment. So to say that NOT is a Ni and a Cr mine or that it is a Ni/Cr mine is inconsequential to the bottom line. The result is the same.