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: What is Noront’s true value?
Reply New Message
Prev Message Back To Forum Threaded View Next Message

All I could add is that companies like RCF are not there for the nickel and dimes.

As posted before RCF is normally a company who likes a quick ROI. BUT in this case they stay in?! I wonder why that is, but most obvious is that the also see a bigger SP (read buy out price) coming their way.

Don’t know exactly how much shares RCF are holding but let’s take 20%. With your calculations that would give RCF a lousy 112.5 million CAD$. That is and will be pocket money for them.

Personally I still think we easily will see the 7 CAD$ again. I can only hope that we “old time believers and dreamers” will be able to wake up Crazydick one day :).

Above IMHO of course without any real prove.

Have a good weekend to you all!

Jean

 

9 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply