Re: News - Reading Between the Lines - It's Good!!! - rodg
in response to
by
posted on
Feb 26, 2009 12:41PM
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)
Could it be that as the market is not responding to the Chromite info because it is so rare to find these high grades over such width (our dear black swan), the BOD is doing everything it can to prove to the world that this is in fact all true? If we have 2 separate labs with international reputations confirming what we have, does this not lend more credence to our black swan? I think this is a smart move that may carry the message better: WE HAVE HUGE RICH CHROMITE DEPOSIT-AND NOW WE HAVE 2 LABS THAT CONFIRM THIS...IGNORE US AT YOUR OWN PERIL!!!
Glorieux