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: From Thursday Daily Reckoning

From Thursday Daily Reckoning

posted on Dec 05, 2008 12:18AM

“And now there are some good deals in South Africa. The boom didn’t go on long enough to allow the mining companies to increase production very much, so the world is still running out of these things industrial or semi-precious metals – such as platinum and chrome. We’re going to see a huge squeeze on supplies in the years ahead. So, we have a potentially very interesting situation, in which the mining companies have sold off so much that you can get a 10% dividend from some of them...such as Impala, I believe...you get paid very well to wait for the next boom. And when it comes, it could be very big. Very big.”

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