Jgocar24 and Glorieux

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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Canseco

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Jgocar24 and Glorieux

posted on Sep 03, 2008 09:54AM

For the record, Inco bought the Voisey's Bay deposit for 4.3 Billion, not 12.3.

This number represented 40% of the known insitu value at the time. Robert Friedland's negotiating tactics were mainly responsible for the high percentage, along with the competing bidders ego's.