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: Let's play a little "size" game, shall we??? Just a little bit of "what ifs"...

Hey Herb, great post...I love math and it was a pleasure to go thru that exercise.

Now here is another math problem for you:

The rumor of hole 51 being on FNC does not want to quit and so the price of FNC keeps getting support. Maybe this was started by FNC to get a better PP price but lets say it is true. Now, the corner of FNC which is the closest to Eagle 1 is 450M away. What happens to your math if you have a 450 meter step out hole? I will tell you what happens. FNC will do fine I have no doubt about that BUT NOT would explode to over $20 so fast by the time we woke up crazydik we would already be at $30. Why you say? Well you did the math, just change your x from 50 to 450 and see what the tonnage works out to.

Glorieux

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