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: Re: A question for anyboby capable of answering-

Oct 04, 2007 08:04AM

Oct 04, 2007 08:14AM

Oct 04, 2007 08:17AM
1
Oct 04, 2007 08:31AM
3
Oct 04, 2007 08:38AM
1
Oct 04, 2007 08:52AM
1
Oct 04, 2007 08:52AM

Oct 04, 2007 09:33AM

HappyAppie, 

Well, I'm not capable, but I'll give it a stab... Maybe between a few of us we can come up with a ballpark consensus.

This will be a  schizophrenic event for NOT. We've already had a huge boost and the focus is all on JB. Could investors process two terrific finds simultaneously and do them both justice ?

And of course, it depends on the confirmation. Any big drill strike will still need to wait for the ramp to confirm and this is months away so...

My guess would be a rich drill strike would pop us up by $1.00 or about 20%. After that, it may lose some of that pop while we wait. Now, when/if the ramp hits a bonanza grade... then we are in new territory, but again, that is at least 2-6 months away? Not sure on their timetable.

Who another BIG drill strike would REALLY help, and immediately, is FWR and MUG since they are junior partners in winfall.

All in my guesstimate opinion based on intuition, hope and bias, with a pinch of realism.

BK.


Oct 04, 2007 10:15AM

Oct 04, 2007 10:42AM
Share
New Message
Please login to post a reply