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: Drills, cores, and assays

Drills, cores, and assays

posted on Feb 04, 2008 11:43AM

"A bird in the hand is worth two in the bush" or "A dollar for drilling is worth two in the banker's vault".

Maybe I'm simple but it seems to me that each dollar invested (PPs and retail investor dollars) in NOT means that we're closer to another diamond drill going into the ground.  Nemis wants see as many drill rigs as possible drilling McFaulds.  He stated this very clearly at the Richmond Club meeting.

What will the ROI (return on investment) be for each dollar invested?  I hope it will be very, very significant.  (For some it already has been.)  But we can only get a strong ROI with drills, cores, and assays.  Good assays lead to 43-101s, which lead to CVRD or other majors getting really interested, which leads to us all being very, very happy investors.

Snug

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