Re: Rosedale---Windfall
in response to
by
posted on
Oct 29, 2008 09:05AM
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)
Very clear explanation of WHY the ramp was driven and WHY we have to wait for the underground geophysical drilling and assaying before anyone can run numbers on Windfalls value.
Remember as well that these are only three of the numerous zones indicated by surface drilling. I'd find it unlikely for the new BOD to walk away from this potentially valuable asset.