Mcfaulds hits European News / by Roos on FWR hub
posted on
Feb 07, 2009 07:37AM
Yes, a BIG HIT and only more big hits are coming
middelkoops discovery service just did an update on the mcfaulds. unfortunately because of the paid membership i cannot post the entire document here. but i just copied the last paragraph. all that are interested can pm me and i can send you the entire document. good luck gang, seems like things might be heating up, maybe even before the summer. best roos
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Conclusions
Well, we’ve made quite a journey, just to prove our point;
- Chromite has great metal and political value.
- The Ring of Fire contains a variety of metals that together have a huge strategic importance.
- We expect future supply shortages from current producers.
- We expect increasing demand for metals that are in huge supply in the Ring of Fire.
- Canada is a stable country in a chromite world where political stability is an asset.
- And perhaps most importantly, the Ring of Fire has a huge potential metal value.
The combined market caps of the five players are:
Freewest (FWR.V) $ 51 mln
Spider (SPQ.V) $ 14 mln
Fancamp (FNC.V) $ 10 mln
KWG (KWG.V) $ 9 mln
Noront (NOT.V) $ 171 mln
Although we are not predicting a winner, we believe that all of them have a huge upward potential once the majors battle over the spoils. These discoveries are simply “too big to ignore”.
A combined market cap of $ 255 mil for a set of assets potentially worth multiples of billions of dollars, is about as good an investment opportunity as you are ever likely to get.
Willem Middelkoop, February 7th 2009