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: NOT surprised
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Ceo verified NOT surprised
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glorieux
Aug 19, 2010 08:03AM
Re: NOT surprised
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stock greed
Aug 19, 2010 10:11AM

We have always been an exploration company.

The 'development' label has been misused, prematurely imho, to describe in-fill drilling of Eagle's Nest.

True development stage needs not only a verified economical resource through a NI 43-101, but also a completed feasability study, financing arranged for mine construction and basic infrastructure in place to enable that mine construction. That is just to start 'development'.

Most necessary things that we lack at the moment to be in development is road, rail and power.

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