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: Discount Rate?
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Sep 09, 2010 06:35PM

As opposed to other types of project valuation, you shouldn't discount the value of the resource at all (except for a small inconvienience charge since it is not in a form that can be sold easily). Note that: The market price of the mineral is already a risk adjusted present value!

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