Re: AT 12 and it's neighbor - cruisie : NOT/FWR JV
in response to
by
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)
Message: Re: AT 12 and it's neighbor - cruisie : NOT/FWR JV
Looking at these new images i would say it is the other way around and FWR owns 75 %, if not moreof the anomaly. Don't want to be negative but would like to get some kind of consensus on the issue. Any thoughts?
cruisie,
it doesn´t matter who "owns more" of that anomaly because with the JV agreement both will own and contribute and earn 50% of everything as of May 14 2008 :
Interesting note: this is the FIRST RoF JV of Noront where they are NOT the operator !
http://www.freewest.com/news/index.p...
FANTOMAS
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