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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Message: Assumimg we hit another target

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retirerich

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Re: Assumimg we hit another target

in response to Assumimg we hit another target by Milsy1

posted on Jan 09, 08 06:10AM

I agree that the chance is remote that there will NOT be another hit of mineralization. I am convinced that the 20% in situ value will apply to a high grade mineable deposit. I also think that the next larger anomaly could expand the ore body top 20 million tons.

If the grades hold, we are looking $20 plus per share. I also agree that the buyout premium should be at least 30%. I do not want to sell any shares before $25.

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