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)

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Message: Re: ""Must Read..CRIME of the CENTURY"" - harryd

 

Thanks for the post harryd.

Very enlightening and unfortunately disheartening at the same time.

I am certainly hopeful that Richard is privy to the likelihood of these shenanigans happening.

What are other's thoughts that it will be in our best interest when capital is required, to sell a percentage interest to a major. For reasons stated in the "CRIME of the CENTURY" a PP that allows all those dealers with a short position in Noront is a scary proposition.

Again, hopefully Mr. Nemis dislikes "shorts" as much as we do and if so, excludes those with a short position when the next finacing is required. That would be a beautiful thing - an ultimate short squeeze I would say. (short of Naked shorting of course).

 

Milsy1

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