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: Rouph calculations at current prices
10
Jul 06, 2008 05:51PM

Its a lot of ka-ching!

However, just for the sake of accuracy, you might just simply transfer the values from the second NR to your model. Here is the link to the calculated resource:

http://media3.marketwire.com/docs/ea...

Your own calculations assume 2000 lbs per metric tonne, whereas there are actually about 2200 lbs in a metric tonne. Also, there are about 31 grams in an ounce, whereas your figures seem to assume only 28 grams.

Try it again. I suspect you short-changed us the first time, lol.

1
Jul 06, 2008 06:43PM
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