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.)
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Richard just called me back

Jamessmile3
Rank: [?]
Vice President
Points: [?]
859
Rating: [?]
Votes: 77 Score: 3.1
  • Currently 3.1/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Blue Sky for 2008

posted on Dec 22, 07 06:34AM

Richard says there are 6 anomalies on NOT property.

We know one is 10 times as big.  Let's assume one other is 3 times as big and the others are the same size. If the current anomaly is 4 mT, then the total ore would be 68 mT. 

The grade yields $800 average rock now.  Value in market cap is about $120 per ton.  Let's say the other 64 mT has half the grades, so $400 or about $60 per ton in market cap.

Comes to a market cap of $4.32 Billion or over $30 per share.  When they drill the big anomaly in January, if they hit the grades of half current or better, this stock is going to move.

By the way, the per share value could br $50, $60 or more if the grades are equal to the current results.

Could it be? The geophysicals look the same, seemingly.  A geologist friend told me that there is almost no chance of the other anomalies being blanks, but that the grade could vary significantly.  So it comes down to drilling the 5 other anomalies.  Could the grade be even better in some holes? It seem possible, because what are the odds of hitting the best grades in the first 5 holes?

Merry Christmas! 

 

 

New Message

Please login to post a reply