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Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

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McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

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Message: R. Michael Jones: Shallow Ounces of Platinum Draw Deep Pockets

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Re: R. Michael Jones: Shallow Ounces of Platinum Draw Deep Pockets

in response to R. Michael Jones: Shallow Ounces of Platinum Draw Deep Pockets by Clavis
posted on Apr 27, 09 01:45AM

Jones: Well, in platinum, as with other metals, there has been lots of speculation about companies with shallow ounces ... easily mined resources. I think we have three paths to go: build it; hedge it (by doing a venture with an end user partner -- diluting the asset level and not the public stock level); or sell the whole company.



Those basically are the options. It sounds like we're going to find out which gets the nod within 3 months.

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Like Platinum Group Metals? Then you might also be interested in McLaren Resources

McLaren Resources
  • Blue Quartz Property surrounded by numerous past and presently productive gold mines
  • Black Fox mine (Brigus Gold), the Hislop mine ( St Andrews Goldfields)
  • Recent Drill Results include 63m of 1.21 g\t gold and 2m of 13.95 g/t gold

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