Re: windfall
in response to
by
posted on
Jan 30, 2008 02:11PM
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)
Yep, you are right but I think of Windfall as a cash cow, the best kind. Dick might be able to rip millions out of the ground and stick in the bank account.
Where it will come out to prove up claims in the RING OF FIRE.
That's why Windfall is important. It's not a huge Gold mine, we're not talking BILLIONS of dollars like we are for the Double Eagle complex. Grab 130 million dollars in gold out and that's a dollar a share, spend it instead of doing a pp and that source of revenue probably puts $4 a share into existing shareholders pockets.