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)

Free
Message: Re: Ironic
14
djo
Jun 01, 2009 06:03AM

Re: Ironic

in response to by
posted on Jun 01, 2009 06:10AM

Not in the least, the legal situation was 'murky' and settling in the way they did clears things up without tying up highly prospective claims for years and at great expense. Win/Win for all parties involved and Probe having the lead for two years is just to ensure Probe has the money to fund exploration as Noront could have spent more and faster than Probe could cover 50% of.

Would anyone really have wanted a lengthy lawsuit?

7
djo
Jun 01, 2009 06:18AM
4
Jun 01, 2009 06:31AM
8
Jun 01, 2009 07:11AM
9
djo
Jun 01, 2009 07:21AM
8
Jun 01, 2009 07:29AM
4
Jun 01, 2009 08:16AM
Share
New Message
Please login to post a reply