FNT... a significant option for Major Miners?, page-1413

I think you need to look at each leased area for what it is. All three licences have got copper to some degree with Bugalo being the highest. We know that Anglo are looking for copper and have totally surrounded Bugalo valley. We also know thet our lease is the jewel in the crown or the oyster in the pearl for Hela as Peter has been all through this country and has isolated the best area. Once the renewal is complete which will happen, we will be in a great position to set up a JV with Anglo. The only reason we havent completed the renewal already was the wardens hearing was postponed due to the earthquake, which I'm hoping has unearthed some decent ground to test.  Muller is looking even better after the latest satellite imagery and I believe there was interest here from both Newmont and Newcrest. If either of these big boys come on board we will be laughing also. Finally we have Tolukuma which is a large area with several anomalies which are looking really good. We are also right next to the mine and processing plant and border with Rio Tinto so there are two avenues for JV's here. So at the end of the day any one of these scenarios could send us on our way but all three will be perfect IMHO DYOR

cheers

GD