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: So you don't think a take out is likely....

Well figure on this:

The ROF, one of the most exciting and sizeable plays on the planet. What's it worth....Billions? We already know once infrastructure is in that it will be. So if you are a big player on this planet are you going to let it get by when other sites and mineralizations are diminishing in productivity? But the Chinese are in on it. So? When has that ever stopped bids being made. The books are loaded with stories of companies in competition for a coveted find. Baosteel is not an impediment to taking a run at NOT. So do you wait until the price gets out of hand or do you make your move, when there is still some skittish behaviour about committing, yet you are close enough to know enough facts to realize perhaps it's now or never? A while back NOT was being held tight on it's sp. Now we see it again. No one is particularly making too much ground on the occasional cheap shares that are being let go so why the sp blockage? Well there is no certainty in knowing why until we know why, but I would suggest that now would be a good time to establish an sp on which to base a premium. It certainly isn't beyond the realm of the likely.

Share
New Message
Please login to post a reply