ErOck…. I have one question and several points first the question. ….YOU STATED "in the post below" YOU WOULD BUY ME A CAR IF CERTIAN THINGS HAPPEND((What Kind Of Car?.... Because I would prefer a NEW F 350 4WD Turbo Diesel King Ranch version w the 8ft bed and all the trimmings if you do not mind))))…… Now point #1. Vale got it’s Massive Leases around the N. and South Lucky Properties just 7 days after the November pr from Kat witch I find (NOW) very exciting “even if I was not impressed at the time.” POINT#2. The total Acreage or square Kilometers Vale has on the Bonivista ((Surrounding)) the ((Greatly Enlarged)) N. and S. Lucky Properties is double that of the VALE INCO Voisey Bay Properties ((((DOUBLE))) POINT#3. Vale Inco had Five long months “that we previously agreed Vale had it’s own drill team and could test drill the lucky property at it’s leisure” so we can agree that Vale knows aprox. What is there by now. POINT#4. In a email reply to me from ken Stead regarding the Cornerstone History concerning the Lucky Properties we learned that Lucky was supposed to be drilled …also a Drill crew was brought to the site……..and during a storm and approaching Christmas back in the 70’s this Drill Crew abandoned it’s efforts to continue the Drilling. POINT#5. Knowing statement POINT#4. We can safely say that the Lucky Properties “as far back as the 70’s had a substantial amount of work done on them that they were brought to the point that they were ready to Drill. POINT#6. In April “after having many months to discover what the Bonivista contains/or does not contain Vale adds 6 brand new claims along the coast line just outside the Cornerstone Properties. 7. We also know that Vale Inco signed a ((Option Agreement)) with Cornerstone on the Bonivista tying up all the properties there. 8. Vale in this Cornerstone Option Agreement has a very Minimal Pmt. And Work commitment during the first few years of the agreement. POINT#9. I know the new Geoligest also worked on the Lucky Properties during the Cornerstone Days. POINT#10 This same (brand new) Geoligest also did help to prove up the worlds biggest find of Nickle/Copper ((ON THE VALE INCOProperty at Voisey Bay))…POINT#11. It was just confermed by Kat Exploration that this same Geologic ((World Renounded Expert)) “””IS””” going to be working on the Lucky N. and S. as well as the Rusty Ridge nPeoperties this summer and just in POINT#12 From Warrant…. “And TY Warrant” Warrant has just confirmed that Vale Inco has opened ((NEW)) Offices in Newfoundland ((( Posted by: warant Member Level Date: Saturday, May 29, 2010 12:02:33 PM In reply to: B402 who wrote msg# 53458 Post # of 53501 Send a link via email Share on Facebook Tweet this post WE very good indeed. I think VALE just opened an office in ST.John's NL. If so that is excellent news.)))) …….So in conclusion “And I have other DD stories I am working on to prove my conclusions” … I do believe something absolutely humongous is on Kats horizon ….and I base this Opinion on much much more than just a few Hints……. I have connected the dots……..And I am extremely excited to hear more about Vale and what ever deals Kat may have……
(((((EROCK))))) YOU WROTE..............................................................................Posted by: Er0ck
Date: Monday, May 24, 2010 5:52:22 AM
In reply to: birdmanbob4 who wrote msg# 50477
Post # of 53533
Why do you keep comparing our properties to Viosey Bay? VB is one of the biggest finds EVER! Why can't you grasp that? VB type finds are extremely, extremely, extremely rare. You really seem to have a hard time putting things in proper perspective.
Based on your "theory" you for some reason think just because VB is a world record 60 billion dollar find, you for some reason think that means we "surely" have at least 20 billion worth of metal. You are basing that conclusion on quite literally nothing. It doesn't matter what VB is worth, that doesn't mean our properties are going to be any where near that much.
We have great properties, amazing even. But the chances of them being worth anywhere near even 20 billion is pushing it quite a bit. You are literally saying "oh because Voisey Bay is worth 60 billion than surely our properties must be worth at least 40% of that since we have 3 of them".
The chances of even our 3 top properties being worth anywhere close to 40% of the value of Voisey Bay is so remote it's not even worth talking about. You really have no grasp on just how much 20 billion dollars of metal really is, nore how rare is it to find that, in one property, 2 properties, or 20.
Again, $2 to $5 is pretty realistic for the short to mid term, $10 down the road a few years. 20 or 30? Thats simply not realistic at this time, much less in the 1 year you have been cliaming. Again, mark my words, I will buy you a new car if we hit $15 a share, much less $30. Save this post and hold me to it, I will gladly honer it if we reach those prices, but IMO those are not the least bit realistic, at least in the next few years.
