Re: 3.5-1 ratio for takeover

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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djo

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Re: 3.5-1 ratio for takeover

posted on Oct 26, 2009 10:56AM

Nother way to look a ratio . Market cap to market cap both Co's on a fully diluted basis. The market as of this minute put FWR at 42% of NOT's, that basing NOT at 174,000,000 and FWR 250,000,000