Davo1,never say never,two things to bear in mind when considering/pondering the nickel potential for RIE's ground.Check the recent presentation for the MgO level of the ultramafics(it was 25-32%)which is very high and highly conducive to nickel sulphides and also check the depth and grades of the historical nickel intercepts....they were very shallow(from 3m to 28m so open pit is possible) and ranged from .4% -1.07% which is pretty good for near surface mineralization.....the million dollar question is what are the grades like deeper near the basal contact? ;)
Add in the possibility of copper sulphides and gold up to 9.5g/t and IMHO it makes RIE one of the more exciting high potential juniors around at the moment.
Davo1,never say never,two things to bear in mind when...
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