Re: Before DE - Valuations- Keep your eyes on the prize!
in response to
by
posted on
Oct 14, 2007 01:46PM
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)
Hey Vern,
I would like to see a three way split with DE under one company, WF under another, and the remaining properties (Burnt Hill,China, Mexico etc) under a third. I believe that it is imperative that the company be split up and soon. I have previously posted my belief that Windfall alone may take this to the $20 plus SP based on the extensive 100% owned property in Quebec, the phenomenal drill results todate, length of strike, etc.
Do not forget, the DE property came as a welcome and completely unexpected surprise over the last three months! Based on the drill results, the huge interest in the market, the FP article etc, etc, etc, this is likley going to take off like a rocket all by itself. Posters have tried to hypotesize value at the DE property, but it is such a wild mix of mineralization (copper, nickle, gold, platinum), and a such rich percentages, drawing comparisons to other propertys for assitance seems a waste of time.
This property looks to me like it stands all by itself and will have to be valued by a whole new set of standards which just could not apply to a "pure" nickle or copper play. It seems to me that the numbers are going to be breathtaking at the end of the day.
As shareholders we all would have been well served by the Burnt Hill property and the China (remember China...take a look back through the past NR's if you want to fall off your chair in terms of what has been discovered there, and almost completely forgotten in the DE euphoria!)property ALONE, as I expect that these finds would have lifted the share price (thinking four months ago) considerably.
Quite the portfolio. Almost unbelievable, but quite real. Now it's time to take steps to protect our full interest and to not lose sight of the very interesting (but now largely neglected) prpoerties in the NOT portfolio.
The next few weeks will certainly be interesting. Those of you who are LONG (like me) I urge to remain steadfast with your eyes on the longer horizon. There is tremendous long term value to be unleashed, realized, and protected in this little company, IMCO.
Staying LONG, STRONG and CRAZY as ever,
Crazydik