Posted by: jim6103
In reply to: jim6103 who wrote msg# 8132 Date:2/7/2008 10:18:23 AM
Post #of 8135
Rigatoni.....You did a very great service for all investors in this stock within eye shot of your visit update with Scott Keevil. Thanks for your enlightening update.
I was most taken with this part:
"~Scott was easy to speak with.His answers were concise and to the point.I asked if he would consider involving any family at some point in any of the projects.He said the mining community in canada is a small one and that everyone pretty much knows each other.If the National Instrument 43-101 was completed and results were good on the Niobium property, he believed many larger mining firms would be interested in some kind of deal and would not rule out TECK COMINCO (TCK).He is confident that the new testing on this Niobium property would be in line with previous results."
This board had the tenacity to sniff out this niobium property long before it was purchased. My kudos to those that did the detective work on that. The above paragraphed confirmed the assumption that the first step to get the property "legitimized" in the eyes of other potential partners is to get NI43-101 compliant reserves established. What we have now are "estimates" based upon past drilling that either may or may not be complete enough to establish qualified reserves.
My question is how much more drilling is needed - if any - to complete reserve calculations? OR - is the present drill data sufficient to establish NI43-101 reserves? The answer to these questions would establish a time frame to the finalization of a reserves report that, when completed, will start the kickoff of the big game.
Deadmoose also very exciting as the word "platinum" is now synonymous with "PM fever". I also am detecting some future gold properties in Scott's statement of future acquisitions of properties....
In general all very reassuring and makes a guy want to get a bunch more of this stock...Thanks again, Rig....GLTY...Jim