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: heard on bnn

heard on bnn

posted on Dec 24, 2009 04:43PM

I heard on bnn the other day that ArcelorMittal is looking to make acqusitions to compliment their company. I found this interesting to the degree that it could pertain directly/indirectly to not in the near future. I think it also shows the increased interest inM&A activity within the mining sector. There may be alot more offers put on the tables of small companies this year. I beleive that this fwr thing has got a ball rolling that won,t stop for a long while. The other larger companies wouldnt be wise in letting cliffs having this sole stake in the rof. There are greater chances of backdoor deals getting done that would not be in the larger companies best interests. The main word here is "competition". SEASONS GREETINGS TO EVERYONE.

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