High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire"
NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)
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Jamessmile3
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My "really. really happy" SP guess

posted on Nov 27, 07 06:07PM

I believe they will show tonnage approaching Voisey's Bay eventually. VB (Diamond Fields) is now a mined and proven resource of well over 100 million tons. The grades are not as good as our best ones. I believe we are getting near 10 millon tons and that we will get significantly more as we extend our curent strike and drill other anomalies.

VB/DFwas sold for $4.3B. Mineral prices are up fivefold or so since then and there is a perceived global shortage possibility. If we get 50 million tons at somewhat higher grades, we could sell for $10B or more or about $80 per share.

And the rate of drilling and projected drilling (drills in Jan.) leads me to believe we could find out whether I am right within a year.

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