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: Re: price of Nickel
11
Aug 05, 2009 10:26AM

Awsome QQ, we are not that far from the original $ of nickel used to get the 43-101 on eagle one. At the rate Nickels' been climbing daily we'll see it in a few weeks.

The potentially mineable portion of the resource for Eagle One was estimated on the basis of
approximate $US four year trailing average metal prices of $11.00/lb nickel, $2.75/lb copper,
$625/oz/gold, $1,225/oz platinum, $300/oz palladium and $11.50/oz silver and the $US
exchange rate was $0.90.

Golds way up from there, oh and what's the Canadian Dollar at for that exchange rate?

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