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 interesting crumbs
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Nov 16, 2015 05:11PM
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Nov 17, 2015 04:59PM
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Nov 17, 2015 05:06PM
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Nov 17, 2015 05:50PM

“The sale of this royalty for $18 million is another vote of confidence for the future and value of the Ring of Fire and more specifically the value of its chromite deposits,” said KWG president Frank Smeenkn.

1% = 18 million minimum perceived value

100% = 1800 million.

How does that vallue NOT? 1800 million / 303 million outstanding shares = 5,94 ?

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Nov 18, 2015 07:57AM
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Nov 18, 2015 08:10AM
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