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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I would see this as a vote of confidence from RCF.  They have been in this for a very long time.  For them to grab up this opportunity without sharing to build their share volume to me shows me they are very confident in their investment.  Follow the smart money???

RCF understands that many risks are subjective in nature and difficult to capture in a financial model. The firm uses an established risk assessment process to identify risks according to their potential impact and their likelihood of occurring. RCF then considers how these risks might be turned into opportunities to enhance the value of the project.

Seems they have turned the risk of a lost asset due to uncertain FN participation in the project into the accumulation of cheap shares?

GLTA

Ringer

 

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