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: some rough numbers
17
Jul 05, 2013 04:20PM

That kinda spells it out, Ingrid. Nicely done. So then, let's add to that 63 million of chromite, the Eagles Nest deposit which has roughly 20 million tons of proven, probable and inferred tonnage laden with nickel, copper, platinum, palladium and a little gold, silver & zinc. And possibly in the platinum, maybe even some of that super valued rhenium @ 3500 an ounce, although the only reports were of rhodium until we stopped getting reports like that (nemis days).

I guess the question is : what is one third of Big Daddy worth at current chromite prices and then how much is Eagle worth with current metal prices added to NOT's chromite.

I think the answer will be that both companies are way undervalued. Especially this one.

But we can talk about all that at the 10th Ring of Fire Classic in Niagara on Sept. 14th. Time to get your names on the list !

(thought I'd throw that in....) :-)

strato-dium

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