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)

Free
Message: National Infrastructure component

ya, KWG needs cash, and they will have of BH prorated what they've earned, so that is not a big deal. NOT has 60 million in debt with no permits or mine in sight, hence no revenue to pay it.

Lots of things have to come together for both companies, my only point was the small action beginning to take shape in the bids for both NOT and KWG almost simultaneously. Might be a good time to take a position in both, feeling they will settle before going to court and win/win rather than face a lose/lose scenario.

Share
New Message
Please login to post a reply