Royal Nickel IPO
posted on
Jan 23, 2009 09:52AM
We may not make much money, but we sure have a lot of fun!
Keep an eye on this one: IPO coming this year, from what I’ve been told…
58.4m shares outstanding 68.2m shares fully diluted
http://www.royalnickel.com/index.php
The Dumont Nickel Project - NI 43 - 101
Royal Nickel has acquired 100% interest in a 4,080 hectare land package covering the entire Dumont nickel deposit, cited to contain 740 million tonnes at .31% nickel (NI 43-101 Micon Report - April 2008).
The Dumont property is located strategically in an established mining camp in Quebec, 25 kilometers west of Amos.
The starter pit consists of 48.6 million tonnes at an average grade of 0.35% Ni for the years 1 and 2. The ultimate pit outline is based on a 470 metre deep pit, with a strip ratio of 1.8:1, with mineable resources of 571 million tonnes, having an average head grade of 0.32% Ni, and resulting in an ultimate pit outline that reflects a mine life of 21 years.
Players
Tom Griffis
Chairman & Director
Chairman of Homeland Energy Group
Co-Chairman of Juno Special Situations Corporation
Peter Goudie Former Executive Vice President, Marketing at Vale Inco and Inco Limited
Scott Hand Former Chairman and CEO of Inco Limited
Peter Jones Former President and COO of Inco Limited
Roland Horst President, CEO & Director 35 years in the mining industry as a geologist, investment/corporate banker and CEO
Walter Henry Vice President, Finance & CFO Former Vice President, Finance and CFO at Tiberon Minerals Ltd.
Alger St-Jean Former Senior Geologist with Xstrata Nickel (formerly Falconbridge) Vice President, Exploration
Frank Marzoli Chairman, President and CEO of Marbaw International Nickel Corporation
Gilles Masson Former Partner at PricewaterhouseCoopers LLP (25 years)
Darryl Sittler Director of Wallbridge Mining Company Limited
Hg