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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: Consolidation
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CMP
Jun 06, 2008 03:38AM
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Jun 06, 2008 05:21AM
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Assuming Noront is worth more by delivering 80% of the ring of fire, and assuming the other juniors would be worth less if Noront were already bought out (not able to justify a mine on their own), I believe an agreement could be worked out among Noront and the other juniors for everyone's maximum sale price, together, all at once. He would therefore be controlling 80% or more of the Ring of Fire. Not necessarily owning but controlling for the purpose of disposition. Goldfinger

Jun 06, 2008 06:09AM
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HSS
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Jun 06, 2008 10:19AM
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