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: What would we be worth
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
Share
New Message
Please login to post a reply