Re: New Presentation

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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goldhunter11

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Re: New Presentation

in response to

Re: New Presentation

cappysmart

posted on Apr 04, 2012 02:53PM

"What are the chances of that in light of the new jv on those claims?

If NOT is willing to pay some cool cash to FNC for that next door (mirror-image) L-shaped property, presumably NOT can assume FNC position and the JV with BOL headed by "NOT chairman-for-life" (remember Richard N?) would remain the same.

What sort of impediments created by the JV that you had in mind? The same question can be posed if somebody (CLF is a good candidate) decides to take a run at FNC for the entire company. I would think that the JV with BOL would not be the show stopper, as long as the predator company does not try to break the JV agreement.