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: Additional Note
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Aug 19, 2008 04:49AM
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Aug 19, 2008 05:11AM
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Aug 19, 2008 05:23AM

Thanks for reminding me about the JV's Poly. I totally blacked out on just how much more complicated it would be for a major to take out NOT given that it would also have to take out the JV's on land they share interest in. It was not only brilliant in terms of financing but also in protecting the companies involved from hostile takeover.

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