Re: I'm really afraid

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)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Boatboy

Rank: President [?]

Points: 7484 [?]

Votes: 238 Score: 3.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: I'm really afraid

in response to

Re: I'm really afraid

Bruce the Moose

posted on Aug 19, 2008 09:45AM

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.