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)

Free
Message: My Interpretation

Re: My Interpretation

posted on Sep 25, 2007 10:07AM

It means they do not yet understand the geometry of the deposit, which is understandable since they only just found it and have only punched a few holes in it (#1,#2, and #5). The down-hole geophysics will go along way towards figuring it out. Some holes hit, and some holes miss - this is exploratory drilling not resopurcse definition drilling.

Going to be beaucoup volatility as the game intensifies. Best to turn off the computer if you cannot handle major price swings...

And... DO NOT SELL!!!

Regards,

B.

Share
New Message
Please login to post a reply