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: NOT's Turn

Re: NOT's Turn

posted on Nov 06, 2009 09:37AM

I have to agree. Challenging FWR is also in part a challenge to CLF, since this bid if successful destroys CLF's strategic position. I failed originally to see how that is productive. We might argue CLF's involvement in RoF is of no value to NOT, but I fail to see any consistency with that and NOT's bid itself. If CLF thinks there is a bigger major involved, it might come out swinging ! That might be good for all of us. Regardless, anything that creates a tug of war should be beneficial.

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