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: Getting lost on the Merry-go-round ...

We keep talking in circles here about who knows who and who did what ,where? It's just like an Agatha Christie novel or even worse an Inspector Clouseau movie.

By all reports , and there are lots of reports, alot of talk is taking place, but is anything really happening? This GM closure is not good news for us. How does this closing affect a province's finances and tax base? Is there really enough money to go around? What about a possible looming recession or worse?

Factually, we are hitting new SP lows day by day even though the retoric seems positive at times. The first nations have been first nations for thousands of years and do not seem in a hurry to change !

So, where are we really?

Rico

 

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