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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So, you say that I am incorrect in saying they do not have the resource to date to support the infrastructure.

Then you say that once they drill enough to double what they have, then they will have enough?????

You also state that they will produce 750 mill worth of ore,spend 50 mill on initial infrastructure, and still have 700 mill left for the remaining infrastructure. What about some costs involved in producing this ore. Who needs a calculator here.

Anyway, welcome to the forum

Regards

K

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