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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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Message: Agreement

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Re: Agreement

in response to Re: Agreement by IAMSUDBURY

posted on Nov 18, 09 02:47PM

Iamsudbury, you write,

"So there will not be a counter offer,or the SRP is back in effect?"

Not necessarily. As I understand lots can happen. As long as NOT keeps an offer on the table once Dec 1, 5pm comes and goes FWR has agreed not to invoke the SRP.

To clarify and to keep it simple, let’s say NOT's offer is the only one on the table, and the White Knights offer did not come through. Let’s say by the morning of Dec 1 NOT only has 50% of the shares. Not needs only to say they are extending the offer another two weeks as to give time to the FWR holders to digest the failure of the White Knight offer and time to tender their shares to NOT. In this case the SRP is still off the table

Of course NOT could also sweeten to the or negotiate with the FWR board to sweeten the pot by lets say splitting off all FWR projects and property other than those in the ROF.

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