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Gold/Mining/Energy : Lac Rocher - Finally a Great Canadian Area Play Again -- Ignore unavailable to you. Want to Upgrade?


To: Big Shorty who wrote (6)2/19/1999 8:11:00 AM
From: WWS  Respond to of 53
 
Jim, in post #908 on the NWI thread you asked whether they had any indications of PGE's in addition to nickel and copper. I don't have any definitive answer, but I did notice that this earlier post on that same thread (see below for URL) referred to to the fact that their IR commented on these values in a phone call to them by the poster.
exchange2000.com



To: Big Shorty who wrote (6)2/19/1999 9:46:00 AM
From: Midas  Respond to of 53
 
Hello jimc and all others:

You are correct in that maps posted on individual sites are there to strengthen that particular company's case for what they are doing in terms of exploration. As you also point out, the location of the nickle discovery within the intrusive rocks may be difficult to predict but I will bet that the only reason Nuinsco was in the area was because of the intrusive rocks that underlay most of their claims. Consequently, the companies with the best exploration chance at this time are those located NE and SW of the discovery as this is the strike direction of the rock that host the discovery. Those companies that have staked metasediments or other rock units elsewhere in the area have a vanishingly small chance of finding any nickle.

Midas

PS. I'm long on NDE



To: Big Shorty who wrote (6)2/20/1999 12:41:00 PM
From: WWS  Read Replies (1) | Respond to of 53
 
Jim, Terry C. posits, on the NWI thread, that the lack of IP and Mag "signagures" encompassing the NWI strike area suggests that the ore body is quite small, perhaps less than 2 mm tons.
exchange2000.com