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: You have me confused !!

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Re: You have me confused !! - What Next

posted on Nov 07, 09 02:18PM

"The $3/share at this time for all of NOT?FWR combined would look a little low to me. and the $75m I don't quite know what that is. Could you be a little more specific on that line for me?"

Just figures thrown out there for discussion. With the area consolidated, it ($75m) would be a reasonable figure to take it to mine decision point, after which financing should be available, thus reducing further dilution. Any player putting up $75m at this point would expect a discount per share, thus the $3/ share figure.

These figures are just that. Figures. Not necessarily accurate, but more to encourage discussion on what would be an acceptable set of figures. It seems a much more sensical subject to dwell on than some of the hate literature that has been making the rounds of late.

I do like your idea of 'transportsolutions'.

Regards

K

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