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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Excellent post by Miskealp1

Excellent post by Miskealp1

posted on Mar 23, 2008 09:30AM

I know Miskealp1 posts on the Spider hub occasionally, but he's very active on the NOT hub with excellent posts. Here's one from today. Please have a read if you haven't already done so.

http://www.agoracom.com/ir/Noront/me...

John Kaiser is the author of this piece (found within this message) written in October 2007. I heard him speak at the Cambridge Conference in Toronto, and I saw him at the PDAC conference chatting with a Freewest corporate guy.

If you take the great info found in the Kaiser report, map it onto the recent graphic from Helium, you can see the terrific potential for SPQ. Kaiser mentions HLEM aerial surveys, which we now know were followed by ATEM surveys, which are now being followed by VTEM surveys (getting more and more data down deep into the MMS anomalies). Better data helps focus the drilling programs ongoing.

The article mentions UC Resources in a more favorable light than SPQ or KWG because of the number of outstanding shares for SPQ and KWG. Although this is true, SPQ is now drilling with FWR, and UC will probably not be drilling until later this summer (Kaiser assumed it would be early 2008).

I believe that between this article and the information provided by our good friend Helium, we are in the "sweetspot" of McFaulds' area play at this very moment. Will every drill strike PGMs? Highly unlikely. But that was also the case with Voisey Bay, which at the height of its exploration phase had 17+ drill rigs going.

Good times ahead :)

Snug

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