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In reply to: Pub Lunch Man on Monday 08/09/08 09:14pm

What great timing for a trading halt and now suspension- hopefully good news ahead...

 

HC rumour is that Andrew Forrest is taking a major stake???

 

http://www.sharescene.com/html/emoticons/stun.gif The echo is getting louder in here http://www.sharescene.com/html/emoticons/stun.gif

 

JB

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Hi maxmac,

 

PRW have 3 potential company makers this year (the first one seems like a given):

 

* A direct hit at lindemanns Bore (Norilsk style massive sulphide target)

 

* JV partner confirmed at their Barnes Hill Nickel Project (secondary benefits- Iron Ore mining)

 

* Proto Clean Tech- Nickel laterite production costs at under $US 2/lb!

 

JB

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Well done maxmac!! Personally couldn't see the justification in today's 443% rise but hey obviously someone read something that I must of missed. Still too early for this puppy to be involved but if the further assays prove what's suggested hmm!! Maybe this is what also sparked the interest! :biggrin:

 

The Company agrees with recent studies which suggest that the Antrim Plateau Volcanics

provide an analogue to the Siberian Traps Igneous Province in Russia, which hosts the Norilsk nickel deposits. The

nickel deposits of NorilÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢sk-Talnakh are the worldÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s largest nickel-copper-palladium deposits. They are hosted in

the Siberian Traps Igneous Province which consists of Continental Flood Basalts and their associated intrusive

structures and sills. The ore is generally hosted in the flat-lying sills. Further to this, Proto sees the coincident

geophysical target at LindemanÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s Bore as a conceptual trap site ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“flat lying sillÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ for hosting Norilsk style nickel-copper-

PGE mineralisation.

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It went up so much imo because it only had a $3 million marcap last friday and has potentially discovered a new frontier mineral territory . The Norlisk style implications are alluring atm.

The methodology is the same as for MTH which owns two bordering leases next to PRW, and personally I hold MTH as they have similar acreage near Alice Springs also which is indicating mineralization .

 

 

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Maxmac---a 500% profit----since you hold--what did you do????

 

500%--still rubbing my poor old eyes!!!!!!

 

Please tell me you are 500% richer--and its in the bank

and youre having a bottle of Bollinger right at this moment.

post-20731-1245068868.gif

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The geologists at Lindemans bore should be asked to respond to these 3 points.

 

1. Norilsk-type nickel sulphides are magmatic segregation deposits; meaning that the nickel and other sulphide globules settled under the influence of gravity towards the base of the hot, molten, slushy, intrusive, essentially-quartz-free igneous rock known as gabbro, and then crystallised as the flat intrusion ("sandwich filling") slowly froze over thousands of years.

 

2. Looking at the photo of the copper mineralisaton (chalcopyrite) which PRW distributed, it seems that the copper sulphide is in quartz-rich veinlets; maybe a small shear. This indicates to me that the picture is of copper minerals that precipitated out from hot watery fluids in open spaces in cracks in the host rocks, and is not of itself an indicator of Norilsk-type basic (means quartz-poor among other things) magmatic (at one time was molten rock) mineralisation.

 

The success in finding any type of mineralisation in a new province is noteworthy and the fundamental geological concept and risk taking is to be congratulated. It is possible that magmatic sulphides can be remobilised into shears and veins, but at this stage where is proof of magmatic nickel sulphide.

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