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: Todays Trading ... Neville MGB
2
Jan 23, 2012 10:31AM
4
Jan 23, 2012 10:56AM
12
Jan 23, 2012 11:02AM
10
Jan 23, 2012 11:21AM
5
Jan 23, 2012 11:32AM
11
Jan 23, 2012 11:41AM
2
mgb
Jan 23, 2012 11:47AM
1
Jan 23, 2012 12:00PM

"So if I were to take a shot in the dark my number would be 20-30 Billion Gross.

My hope is someday we have a market cap of 2 Billion."

If you throw a little math into the comparison, it is easier to justify.

Noront has a marketcap of approximately 1% for a mineral body that presently has no feasible way of extracting it. This precisely where an exploration company with an attractive orebody could expect to be, notwithstanding the hype that can be atached to a new discovery.

If you add some infrastructure to what we have, we can expect the market cap to approach the 5% mark.

On top of that when we have a decision to go to production, along with a financing package attached, we can expect that we will approach the 10% point.

As construction proceeds, and we approach full production, we can expect to climb into the 20% range, which incidently, is just where Osisko is at the moment.

Best regards

K

1
mgb
Jan 23, 2012 02:19PM
6
mgb
Jan 23, 2012 02:47PM
1
mgb
Jan 23, 2012 03:34PM
1
Jan 23, 2012 03:55PM
2
Jan 23, 2012 03:59PM
Share
New Message
Please login to post a reply