Re: $3 Nickel

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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Edgy

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Re: $3 Nickel

in response to

Re: $3 Nickel

Snipe

posted on Dec 13, 2013 12:40PM

I also over looked the nickel content. I normally estimate value of a ton of ore based on metal content and then devalue according to processing costs and other deductions such as taxes etc. so when I saw 3 dollars I automatically ASSUMED deductions compensated, and the number represented actual nickel equivalent.

We are all fallible. We are also capable of realizing our mistakes, Thanks to group thinking. Let us forgive ourselves for being human. Cheers.

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