Re: Smart Chess Move by NOT

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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sambone

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Re: Smart Chess Move by NOT

in response to

Re: Smart Chess Move by NOT

Sudbury Novice

posted on Oct 14, 2009 12:28PM

Hey SN.....Good post.....you wrote....

"However it makes sense. A hedge fund does not like to let their investors sit and wait for mines to be developed. Get in and get out..turn it over...just like marketing...you can only make big money if you are turning over the inventory."

....I completely agree. Many have asked what this merger/offer is really about. This is one of the possibilities, and I think it is quite realistic.

Motives for this 'deal' have been speculated on.....chrome, Ni/Cu, PGE's, power/control....and on & on. Each one of these, and other motives have been weighed by NOT & FWR forums....and each one has been thought possible, but none have survived the forums unscathed.(although any could still be true)

The hedge fund theory seems to hold water to me.....but as usual, it's just speculation. I have always believed that Irwin n' Rousseau are behind the curtain.....isn't that what the proxy event was all about?