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Re: sumisu post# 38

Monday, 11/05/2007 9:11:39 PM

Monday, November 05, 2007 9:11:39 PM

Post# of 96
Looks as if we have the makings of a significant mine...

"Current measured resource is 8.53 million tonnes containing 353,200 ounces of palladium (1.29 g/t), 116,800 ounces of platinum (0.43 g/t) and 20,400 ounces of gold (0.07 g/t) and an indicated resources of 22.02 million tonnes containing 600,700 ounces of palladium (0.85 g/t), 212,800 ounces of platinum (0.30 g/t) and 39,000 ounces of gold (0.06 g/t) with an additional inferred resource of 2.39 million tonnes containing 67,000 ounces of palladium (0.87 g/t), 23,800 ounces of platinum (0.31 g/t) and 4,000 ounces of gold (0.05 g/t) using a 0.7 g/t cut off (pt/pd) (PFN press release March 22, 2007)."

I mean when one multiplies out the valuation in those reserves,we're talking about some serious bucks!
Just the platinum #'s come out to over$300 million!

Wonder what the feasibility study will show as to costs of production?

futrcash



"posts are imo...please confirm by doing "original" dd.
futrcash..."

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