No such message found

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)

Free
Message: Recap Positive and Negative Macro Factors In Valuation

Quite simply, I will continually reassess these factors and ramp up or out as the macro picture clarifies. I love the overall play. In the present circumstances, I do not expect a surprise mega-bid from a major. But that does not prevent a speculative transaction based on my interpretation of events. Right now, I'd rather wait for some progress, even if it means paying a bit more. I wanted to point out there are really big factors at play, much of which NOT cannot control . The drill bit remains a lottery that I hope we win. But my juniors and specs remain well diversified.

Share
New Message
Please login to post a reply