Re: Take out in the work/poly
in response to
by
posted on
Jan 24, 2009 01:20PM
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)
A buy in sounds more practical to me especially after the KWG nr. These majors can slide in and if they like what they see they could move forward. KWG was a very cheap way in IMHO so basically for a Major of that stature its just a few bucks. Nothing ventured_nothing gained. So if this major sees something scary it just writes it off. No big deal.