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: Re: Share price valuation and a 43-101 - fairchij
Is it fair to say, based on recent M&A activity for what has been regarded as strategic deposits, that if NOT develops into a world class strategic deposit (or is perceived by the majors to be) that demand and pricing for the open ended resource may be considerably stronger than simply what is indicated by the proven up tonnage? That seems to be the essence of the current world, and consistent with your assessment of VB ? In which case, would this not be a must-have for Vale.? And, if you were Vale, would you not want to approach an acquisition earlier than later to avoid other majors getting too entrenched? On the one hand, Vale does not need it, but on the other hand, would hardly want any other majors entrenching in Ontario.
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