What would we be worth
posted on
Mar 28, 2015 01:57PM
What would NOT be worth in a month if on Monday before opening it was announced that the Province and Feds were going to immediatly fund $2 billion in infastructure to the ROF, that the FNs actively supported the development and all permits were granted?
Last Monday would you have supported the company in spending $10 million to get that deal?
Its time to start thinking about what we have to gain vs what you don't have. The ROF is not going to become a mining district unless a win win deal is put forth by NOT. Personally I would spin off the CLF chromite deposits as a new company (FN Chronite or whatever) with a 50/50 FN ownership subject to a binding agreement on the rest of the claims. My guess is that the rest of the ROF players (kWG, PRB, FNC, BOL, etc) would put their chromite claims into such a deal. Make the FNs participating owners and lets move forward.
I hope that Coutts has indeed seized the opportunity this has presented and gets this deal done.
... Been There