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: Fednor Announcement for Pickle Lake Made by Minister Greg Rickford

SpeedyG, while being very correct about infrastructure development, you are too hung up on the price of nickel, at least nickel ore, and their world stock piles.

To use the baseball anology, it is not a case of a single vs a home run But of tripples or home runs every time a player comes to the bat.

It is sufficient that nickel or two of the other metals combined in our nickel ore be above average in price for that ore to be a good source of profit dollars. But it is rarely the case that only one of the above is getting premium dollars, it is just as likely that all of them could be.

Surely you must have read on this forum a few years back that with credits from the other metals in the ore, nickel can be had for free and even at negative expense to us.

So I am saying do not bother yourself over the price of nickel or even the combination of the metals in this ore. No matter what the market prices are, we would be swimming in profitable dollars when other nickel mines are barely breaking even or going bust.

Our focus right now should be about infrastructures and their timings. Leave the rest to itself. (Well maybe if you have the reserves, load up on a few more shares while there is time, lol)

My recommended perspective to all here. Ed.

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