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: Intrinsic Minerals Ltd.

No I'm not trying to shake any tree but just don't feel the type of jv partners coming on board are the quality needed. I would far rather Nemis had waited until he enlarged DE 1 or found DE 2 or 3 before signing JV's on other claims. The value of claims in the 'Ring of Fire' should be far higher after other anomalities are tested and valuable mineralization found.

It seems like deal making for the sake of the deal rather than value added to Noront. It's a valid point but of course one that can be argued against.

Share
New Message
Please login to post a reply