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: I'm really afraid
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Aug 19, 2008 03:18AM
1
Aug 19, 2008 09:38AM

No debt, no real accounting net asset value (i.e. real value of projects is not accounted for). Primary asset is cash, liabilites would all be current and the balance is the shareholder equity.

Hope this helps

BB

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Aug 19, 2008 09:56AM
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Aug 19, 2008 10:25AM
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