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: Re: Is anyone here worried...
6
Jan 08, 2015 10:16AM

Edgy you wrote:

"Only problem, some uninformed potential financiers could say nickel is down so we will not risk financing.
Oh how wrong that would be."

That is probably less likely and less worrisome than potential financiers agruing that nickel is down and will remain down for the forseeable future (based on 3-year trailing averages) and that the NAV is only a fraction of what you/NOT has predicted and thus, " we will offer you financing on what we deem to be commensurate with what we preceive to be to be an asset with high risk and marginal ROI" even though all of us beggars know just as well as the potential financeers (and they know that we know) that that line of reasoning is disingenous at best and a load of bunk! Therein lies the rub!

Cheers,

Luker

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