RE: RE: RE: RE: RE: RE: RUU the place to be.......Leaf, I disagree with your comments. Here is why. If (and only IF) CIN can prove a discovery together with Spectrum larger than 30 Million Tonnes with REE grades of >2% then it will get things moving in the fast track. There will be more investors than CIN and Spectrum will ever need. The economics of the Wicheeda area's is excellent as per Anthony Mariano and who can argue with him in the REE realm.
I know and understand that it typically takes a long long time to proves the resources, get permits, round up investors, and finally build a mine. Compare what we have here in BC to Quest Rare Minerals for example and you will see what I mean. We already have a 100,000 meter drill program planned for the next year or two. Do you think it will take CIN long to prove up 18 Million Tonnes? Spectrum drilled 13 holes and they have an inferred resource estimate on 12 Million Tonnes (with a 1.98% REE avg). Once we prove our resources applying for the permits and getting investors will be cake and building a mine couldn't be any quicker than any other company as we already have the main roads. We couldn't have asked for a better location (with the exception of Ontario for the ease of getting permits). The Wicheeda Lake Band on our side will make things go a lot smoother. With all this being said if the results are as we expect the next year or so will allow us to prove to large investors that we have a major discovery.
Honestly, for us exploration investors we (at least I) don't really care if CIN will indeed become a producer. We are all here to make money bottom line so the largest percentage gain for us is to allow MS do his work to prove a discovery and either sell the company at a huge gain or to allow a major come in and do a JV and have them pay for all expenses.
I hope all of you are seeing what what MS is planning. He is a man with great vision.