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: latest rumors

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Sum4All

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Re: latest rumors

in response to latest rumors by khareema

posted on Nov 21, 09 10:00AM

It's hard to imagine this rumour having any credibility. How would Mac take an offer of .60 seriously just to get away from NOT? How would anyone take a .60/sh offer for billions of dollars worth of Cr, to say nothing of what else they will find. No one on the FWR board, based on printed expectations, would consider the measly .60. The only thing I could imagine is that this amount would be expected to be turned into something much larger to be able to take it away from NOT. Presently NOT's offer is far superior.

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