HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: RE: Majors don't do much explorations - grasshopper -- msw
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msw
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msw
Nov 01, 2007 12:24PM
Thanks for the good clear reply. I understand your thinking now well enough, I think. One challenge I see for NOT at the moment is in finding the much needed new staff, especially qualified Geologists, to ramp up to a truly massive drill program to cover all the best prospects they already had, let alone the newly staked and current staking. Then there is the question of finding good trustworthy drillers. Remember, greed is not only an infliction of the stock market. From what I have read and learned (with considerable reinforcement here) about NOT over the past 25-30 months is that they do have several other juniors they collaborate with to some significant extent as well as compete with. Many of these juniors are in the JBL area and have sufficient prospects to work on for them selves. As I posted on the PRB, FWR, or UC forum a couple of days ago, I hope NOT JV's with each of these in equal proportions both funding and adjoining properties in other parts of the JBL as a means of having some form of consolidation. Bringing in new JV partners is but one more option. Time is of some significant consideration, as whoever has the best showing in the area in six months will be best able to negotiate the the most favorable deal with a Major for them selves and consequently have like advantage over all the other juniors in the entire area. This is only my thinking. This is where the real competition lies in my opinion. Could be all wet or at least somewhat damp but as far as speculation is concerned, this the type of speculation I like. If wrong, nothing lost. If right to any significant degree, something gained. How much gain, I can NOT say, but feel confident there would be a gain. Old Joe PS: There is so much to think about, as causing the SP to do as I desire is NOT within my power. Reasoning what it can do and possibilities as to why is somewhat within my power. I'm very grateful that there are many others on here that can give better on intra-day and day-to-day trading and SP behavior as well as resource calculation etc..
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