Re: Some math estimates for SPQ CHromite values....Carry
in response to
by
posted on
Mar 18, 2010 02:18PM
First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed
Carry:
Great to see you posting. I'm certain Hoov will answer your questions. He's a good guy.
With regards to your statement:
"It seems to me that further work on Nickel targets is where the real future value for SPQ may be."
If you chatted with Neil Novak today he would probably say YES. He's been drilling on the JV property for quite some time. And if you look a little deeper, you will find some exciting mineralization other than chromite has been found including PGEs and a bunch of "iums".
In know the scenerio has been broached before but what if SPQ/KWG were to get more $$$ for continued drilling on these lands for PGEs, "iums", and nickel (godvelskite hints at this)? After all, Neil Novak hired a firm (MICON) to write the upcoming 43-101 because of their expertise not only in chromite but also in PGEs.
It's a scenerio I find very attractive and worth the 10 cent share price alone.
IMHO
Snug