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: Re: Forgot to ask a question
21
Feb 04, 2010 10:35PM
6
Feb 04, 2010 10:41PM

Milsy - I would never take that bet, not me. (Mind you the stock market is about as far as I approve of gambling.)
I would say that the odds are about 60% within two weeks, 75% within three and about 90% in your one month. Provided the native issue is still up in the air.

And Sum4All, buyout not likely in the next couple of months even if the native issues are settled by then. ( Did we get any offers before the natives surfaced? )

I give about a 35% chance for buyout after two months once we have an updated N.I.43-101 on Eagles and a feasibility study done. After that I give a 65% chance once a commitment is made to a transportation route/method.

24
Feb 05, 2010 12:03AM
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