chadly's Profile
chadly's Posts
It is nice to see more and more exposure... that is what we need for us to become a household name like Voisey's bay.
http://www.northernlife.ca/news/localNews/2010/04/sudol150410.aspx
It is nice to see more and more exposure... that is what we need for us to become a household name like Voisey's bay.
http://www.northernlife.ca/news/localNews/2010/04/sudol150410.aspx
It is nice to see more and more exposure... that is what we need for us to become a household name like Voisey's bay.
http://www.northernlife.ca/news/localNews/2010/04/sudol150410.aspx
Hi everyone. This delay for the big drills has bothered me because it makes no sense for the first nations to figuratively burn the house down while they are in it too. I guess their strategy was to cause a sense of urgency for the companies to settle quickly to beat the spring weather. Anyways. Regardless of that I wondered if there was a different solution. Let me know if I have found it. If I haven't and am just going crazy please be gentle..lol.
Cheers
Diamond Core Drill - Manufacturer - Novamac Eurasia - Model PK-642
Specs
Approximate weights:
Platform = 5000 lbs
Outriggers = 1000 lbs
Base attachment = 2500 lbs
Control panel = 800 lbs
Drilling feed boom = 6000 lbs
Power pack unit = 4000 lbs
Technique Diameter Depth (dry hole) Depth (fluid filled)
Diamond Core B 5000 ft (1525m) 5755 ft (1755m)
N 3640 ft (1100m) 4190 ft (1280m)
Sikorsky S-64 Sky Crane
Range: 200 nmi (230 mi, 370 km) max fuel and reserves
Payload: 20,000 lb (9,072 kg)
Boeing Chinook CH-47D
Range: 400 nmi (450 mi, 741 km)
Payload: 26,000 pounds
Hercules C-130
Range: NA
Payload: 100,000 pounds (45,000 kilograms)
Nakina Ontario 300 km from the Ring of Fire.
Great work stock greed. After the emotional rollercoaster caused by the recent SP, lack of reaction to our great news releases, and the FWR battle with Cliffs; this is perfectly stated (clear, concise, and fully understood). Thanks for the boost. Keep up the great posts, this one is going in my bookmarks.
Cheers Chadly
I agree that the offer is not "cup over flowing" generous; but the best way I can explain my point of view on this is with a little analogy. FWR owns a can of peaches but no can opener. NOT has a can opener. FWR feels that they should get 50% of the peaches in the can and Noront can have 50% for the use of the can opener. NOT say no way. I want 75% you can have 25%. But here is the deal.... if you go for the 75/25 split ...every can we come across including the eagle brand peaches of which i have you are entitled to 25%. I know it seems like a little up front, but the residuals from a relationship like that are pretty exciting. The alternative is to sit there and starve looking at the can of peaches or give it to Cliffs which doesn't seem like a long profitable relationship for the FWR shareholder. That I believe is why FWR 's share price jumped when Noront introduced the can opener back in October. Sorry if this analogy sounds silly or over simplified. I guess its because I am home watching PBS kids with my 3 year old. :-) Best of Luck to all FWR shareholders, you have invested you hard earned dollars and you deserve many years of healthy dividend checks.
Cheers everyone.