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: Canesco

Re: Canesco

in response to by
posted on Mar 12, 2008 09:38AM

 

Thanks Conesco...

My interpretation is:

a substantial strategitic partner may come in to hold 10% at a price of Cad 12.00 after confirming DE3 ..( around end March )

Or Cad 15.00 after confirming the existing of conduits ..( around mid april )

then price will be in the range of 15-20 until assays results made available few months later... ( around june )

SPQ will move up very fast as a visual analynsis will be ready in two/three weeks time... 

most of the ROF companies' price will move to the cap of at least 250 million once it hit a result which is similar to DE1 ..and price of norant will be benefited  at least 10% resulting from the other companies' good results..

from ROF information, there will be at least 10 drills working in May..

My humble opinion 

 

 

  

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