Perspective:

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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TheNestHasLanded

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Perspective:

posted on Mar 23, 2015 04:51PM

In light of today, I dug up some old passages. Oh how things change.

"Cliffs first turned its attention to Freewest, trumping a competing bid from Noront Resources, in a CDN$240 million deal. The takeover gave Cliffs total control of Black Thor, Black Label and 40% of the much richer Big Daddy chromite deposit. "

"Cliffs had other ideas however, and once again, as the big fish on the scene, outgunned the merger proposal by making a cash offer of 19 cents per share, valuing Spider’s current 26.5% interest in Big Daddy at C$125.38 million."

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