Re: if we have 7000000 lbs...my quick response..
in response to
by
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)
Message: Re: if we have 7000000 lbs...my quick response..
"The next Biggest is the price of the Metals ...way off!!! even at todays prices ...by the time NOT is ready to mine, 3 to 5 years or so these Metals prices will be far far higher...In my view one needs to add at least 50% to your prices..."
That's why he said his quotes were very conservative.
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