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: Would you go for this?
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Apr 16, 2015 05:42PM
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Apr 16, 2015 06:30PM
I agree with you that we would be unjustly rewarding the 'Matawa' with my model. The challege I have is that not working a deal is going to drag things out long past my life span. The government isn't going to fix this but the courts might and there is a reasonable probability that it won't go the way we would want it to. Add in that this Dec 2015 the $15 million RCF Loan becomes covertible at $0.45 or about 33 million shares of dilution and 1/3rd ownersip of NOT. So while I acknowledge the problem of rewarding the Matawa how would you get the deal done so that we can benefit from our investment?

Ideas?

... Been There
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Apr 16, 2015 08:44PM
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Apr 16, 2015 09:04PM
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Apr 17, 2015 07:22AM
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Apr 17, 2015 08:56AM
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