Re: The Xstrata Riddle

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)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Francis Dube

Rank: President [?]

Points: 44898 [?]

Votes: 625 Score: 3.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: The Xstrata Riddle

in response to

Re: The Xstrata Riddle

IAMSUDBURY

posted on Feb 27, 2010 11:49PM

I agree with IAMSUDBURY here. We have over $30M in the bank (thanks to the PP at $2.75 from ??? and the FWR shares we sold) so there is not rush to do a PP right now. However, if our share price has a great run $4-6, we may see our astute management take advantage of this and do a PP at a valuation that is accretive to us shareholders. I would be OK with that.