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: Anyone see what Cliffs is trading at lately?

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Re: Anyone see what Cliffs is trading at lately? - iamsudbury

in response to Re: Anyone see what Cliffs is trading at lately? - iamsudbury by IAMSUDBURY

posted on Mar 02, 10 09:29AM

There is an old truth about comparing apples with apples and not comparing apples with oranges.

IMHO trying to compare NOT to Cliffs is in the latter category.

Many of us, myself included, did not want to hold Cliffs (American) stock. Those that were smart enough did just that and are now reaping the rewards. (way to go Irish)

I have had the sense throughout this entire debate and fight over FWR that people fall in love with a company or a CEO or personalities and forget that they are in this to make money.

It was clear from the beginning that NOT was no match for Cliffs and yet many of us clung to NOT as if we were married to them.

There was some conjecture on here that Cliffs was overvalued and anyone left holding their stock would come up on the short end of the stick.

This is where the apples and oranges come in. We are playing around with very risky junior explorers and trying to compare that to a well established profitable copmpany like Cliffs. Cliffs management has forgotten more about the mining game than most juniors knew in the first place.

Lets get our apples and oranges straight.

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