Re: Looks Like

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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Edgy

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Re: Looks Like

in response to

Re: Looks Like

Dennis Sherman

posted on Jul 20, 2010 09:09PM

"15 holes reported on ...six duds, the other nine... same old, same old"

So called duds are a standard part of drilling, nothing wrong with that other than the expense of having spent money for the drilling. It had to be done otherwise we would not know if we have anything.
The other nine holes are same Good and Great and NOT Old, except that you have become jaded with past results.
Any time a ton of ore gives you two to four times the $ value to process it is not OLD as you call it. It is profit $s.