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: Re: My conversation with Richard Nemis
20
Sep 19, 2011 09:55PM
28
Sep 19, 2011 11:58PM
7
Sep 20, 2011 10:04AM

"He probably knows more about developing a mine than you and I put together."

That statement, Dennis, demonstrates the connundrum we all face with this stock, particularly when considered along with someone's statement from Wes that the BOD combined have been instrumental in the startup of 24 mines.

Nemis and Harvey were responsible for finding Eagle1, eagle2, and the chromite. They were explorers and that was what they were good at, but they have never built a mine.

Wes and company have been searching high and low for something to add to the list and have been unsuccessful, mainly because they are not explorers. The difference is huge. It is like hiring an electrician to fix the plumbing.

They are now proceeding towards building a mine, and this is something they are good at. They will no doubt be successful, and I like what I have seen from them in this regard to date.

I look forward to the next big discovery in the ROF coming from someone who has a clue what they are doing there, not from a bunch of minebuilders.

Best regards

K

13
Sep 20, 2011 10:48PM
Share
New Message
Please login to post a reply