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: Question for D12 and others on 80% of ROF

Question for D12 and others on 80% of ROF

posted on Apr 01, 2008 01:44PM

Great interview with lots of new information. I particularly enjoyed the point that there will be lots of NRs between now and the time the warrants have to be exercised.

The one I can't get my mind around is "We eventually are looking to have control of 80% of the ring of fire".

I assume "We" refers to NOT and its JV partners like FWR and WSR and must also include the friends like SPQ and ?, But are there informal agreements in place with FNC ,BMK and others?

I would like to hear others thoughts on how 80% control might be achieved.

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Apr 01, 2008 03:18PM
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