Re: Rebuilding value - Buyout sh price?
in response to
by
posted on
Dec 17, 2013 01:03PM
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)
This is where I was going Ed. I feel this is much bigger than we are thinking? NOT to offen anyone here, as I'm on your side...
Babjak1’s research told us that the Money man from China, sits on the board for the bank of Hong Kong, also on the board for Baosteel.
He is backing Mic for 500 mil & brought in TMP his old colleagues from JP Morgan for another 500 mil. To raise up to 4 or 5 bill’s. for an acquisition in Q1 2014
Mic D. has stated that it will be a private corp. & it was reinforced by the latest new, which prompted this string of posts.
Why would we be thinking that Bora & X2 wouldn’t cut a deal with NOT, especially when they just put the X-Xstrata VP into position within NOT. That deal is done, In my mind…
There was a press release that a Geologist est. the ROF holding between 250 – 300 bil. in resource.
Largest, richest mining district in the world to date.
There is enough $$$ for a private join venture between all of these players & the last piece is to include RCF in the deal & there is nothing to stop them from stealing it from us for as low as they can get it.
There has been enough drilling & believe they have been drilling all along, just not reporting. They would have to have been to draw the big guys in, wouldn’t they?
NOT possible?
Sorry, I’m working & don’t have the time to post all the links to back all of this up, but it’s all been posted before.
Here is one.
http://www.miningweekly.com/article/mick-davis-and-team-get-going-again-as-well-backed-x2-2013-09-30
Hebe