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: A Theory

A Theory

posted on Oct 16, 2009 08:51PM

The question has been asked from different quarters, when will NOT/FWR begin to achieve their true value. How will we know when they have something marketable or a market within which to sell? How does one find a place for all of that Cr? Chrome is a bit weird to deal with isn't it? We're not a mine and won't be for years right so what kind of value can we have at this point?

Answer:

Value will be established when someone/thing begins to take interest thereby driving up the price via demand. (There is also speculation and hype that contribute to temporary sp spikes). Are we creating interest yet? Are there people/companies knocking at our doors? Well..... NOT's after FWR..... does that answer the question? Are we on our way?

So it would seem my answer is a set of questions. Right now it seems like we're still in the speculation stage with some pretty heavy wish lists.

Just some general looking at the overall scenario. Someone has the answers to these questions but we won't know until some NRs that deliver them. Many of us have our theories on what these answers are.... but they're not really answers yet....still theories.

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