Re: Cliffs Strategy

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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fani

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Re: Cliffs Strategy

in response to

Cliffs Strategy

Sudbury Novice

posted on Oct 05, 2009 10:20AM

Agreed 100% but you must admit Rousseau is playing this perfectly and will be rewarded handsomely.

Noront forces Cliff to wake up and move... FWR and Cliffs are friendly and already talking and dealing. Rousseau does not want to be left out - otherwise they risk sitting on all that dead money for a long time and must continue to raise $$$ to drill and pretend to operate...

so either cliffs acts or NOT gets FWR - have to assume NOT does not start what they can't finish Now is the time to capitalize and I believe they have the brains to carry out their plan... heh they beat RN and Harvey in last contest so i think they know exactly what they are doing....

Again Wes is the front man to be rewarded handsomely - if you think 1.6M was a lot for the other two goof balls - i bet Wes gets a better exit package and some bonus $$$$ on the sale to a major....