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: No more NUMA
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Apr 26, 2010 04:09PM
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Apr 26, 2010 08:41PM

"Hi,I may be way out with my gut feel,but here it is. IMO,the sp of both SPQ and NOT is being held back because we are potentially going to see a major player get involved soon in the aqusition of both SPQ and NOT and KWG"

and this would be a very unhappy time as we'd get shorn just like FWR. If our BOD were to be part of this....well, hopefully they are going for the big prize. They currently don't seem to be worried about the sp, but there are other factors presently involved there. If the pp is for 1.83, what would a buy out give us? What would the FT people want for their investment... 2x, 3x, 5x? Is Wes really speaking the truth about taking this to the end? All spec. at this point.

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