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)

Free
Message: Friday Verbage

Friday Verbage

posted on Jun 20, 2008 01:49PM

Fnc said "no" to NOT. Not drills close to the border but many claim not deep enough. Look there's nothing there!. Fnc's price goes down. Payback to Fnc for not joining in the party. Fnc is going to be drilling next week. Curren Price up for FNC

Not pairs up with FWR. Nice FWR joins the party. Their price is holding up reasonably well since their decision despite market conditions.

Now Probe. In April The Directors of PROBE MINES LIMITED (TSX VENTURE:PRB) ("Probe") are pleased to provide an update on the Company's 100%-owned McFauld's West property, located approximately 450m from Noront Resources Eagle One discovery.

Mafic Intrusive Discovered

During recently completed ground geophysical surveys, a mafic intrusive was discovered in outcrop on the grid indicating a potential extension of the Eagle One intrusive system on Probe's property. The outcrop represents a significant find given its composition, being a potential nickel-copper-PGE host, its proximity to the Eagle One deposit and the lack of rock exposures in this part of the McFauld's Lake area. The intrusive body corresponds to an 800 metre long northwest-trending magnetic anomaly stretching across the property and is coincident with one of the two magnetic anomalies identified in previous airborne surveys.

Price was 90 cents during this announcement now it's .59 cents. Noront and Probe were talking behind closed doors for HOW LONG. Based on Probe's find meters from DE1 does it seem rational the price drops this much?Was it driven down purposely? Next thing we know there is a little bad blood between the two and "we" all hear about it through the media. Noront didn't offer enough money to a price reduced probe? (The Directors of PROBE MINES LIMITED (TSX VENTURE:PRB) ("Probe") announce that the discussions with Noront Resources Inc. as disclosed on June 3, 2008 have terminated. The drilling program previously scheduled to commence on the McFauld's West property will be rescheduled as soon as logistics so permit. )

Now Noront hires someone new experienced in acquisitions.

Anonomous is responsible for most of the Noront sells today. Who are they behind their mask? It almost feels like a "Mexican Standoff."

Why recently hire top guns unless there is more to this than we know. Noront's increase in price drove everyone up. Now their price decrease drove everyone down. We want to be one big happy family and look we hired someone experienced to make it happen. Why go through all this work if there is nothing there.

Remember the comment of Noront being in control of 80% of the ROF.

Hard to do when the prices are so high for the neighbours and financing is easy to get for all.

Just my Friday verbage.

Share
New Message
Please login to post a reply