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

Thx Babjak1, your knowledge always amazes me....

The way I see the data is...

340/39x.75x2.48=16.21 billion

16,210,000,000/310,000,000 shares = $52.29 per share plus other goodies

There goes my brain back up into the heavens!

Play with the numbers...it is a lot of fun.

Ringer

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