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: Value of the ring
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...how many angels can dance on the head of a pin?

We still essentially have a stranded deposit...lots of promises...true value (vs in situ value) is thus  currently theoretical and subjective and largely based upon  one's assessment as to how likely the politicians will be able to deliver on their  promises...

...thats' why we currently sit at an MCAP of ~1% of Eagles Nest's  in situ value

Cheers,

Luker

 

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