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AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

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Oldman
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IF...

posted on Apr 04, 11 06:13PM

...having already started an Environmental 2.5 months ago on Borden and/or Black Creek AND right now having already moved 20 drills into place on Borden so as to drill 400m holes (2 holes per drill per week for the next 7 - 9 weeks, NON STOP) with the goal of producing and publishing a NI43 Resource Calculation by mid September (total cost being $7 - $8 Million) AND doing EXACTLY the same with 10 drills at West Timmins (10 drills drilling to 800m - 1200m) for ~ the same cost, thereby leaving ~$8 -$9 Million to start the Ramp on which ever of these two projects that shows the best quickest ROI, AND then with the Exercise of Warrants funding the completion of the Ramp and some considerable Underground Drilling (most likely at West Timmins) or major above or underground Bulk Sampling (most likely at Borden) AND also completing a full Prefeasibility at Black Creek by End Of Year, then this PP will be well WORTH IT

Otherwise, for current Shareholders, this proposed PP is but Toxic BS!

Plan for the FORMER, Expect the LATTER?

Thus, REASONABLE PARAMETERS ARE SET!

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