Re: Just came back from a boys night out and

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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Francis Dube

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Re: Just came back from a boys night out and

in response to

Re: Just came back from a boys night out and

quiz

posted on Feb 29, 2008 02:43AM

My number of 56Mt was to justify a SP of $100...this implies a buyout at 20% valuation (which may be low) and $800 per ton (which may be high). I still think 56M tons is very possible but depending on the next few NR, I may have to pull an Genuity and raise my target LOL!!!