Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Peter Smith

Re: Peter

in response to by
posted on Jul 10, 2008 09:33AM

Hi,

Just wanted to chime in here with thoughts on Peter. I really am impressed how he is the one person in the ROF who did not do a financing to avoid dilution. After seeing what MacDonald mine's did to their shareholders, I am grateful at how Peter has made very good deals with preexisting assets in order to get us a drilling program.

Now that drilling program is almost here! I defintely feel frustrated by the delays but i do not see anything malicious or deliberate in stalling. I have no doubt Peter will come through for us.

Also, i would note how we have gone down on such small volume. I too see this as a great buying opportunity if one can shore up the capital b/c it will no time for us to fly. And summers are always slow periods, great buying periods really.

Cooper, you have done amazing dd for us and I appreciate it very much. Hope you hang in there to see the light at the end of the tunnel. Good luck everyone.

Eudai

ps. I see that you are playing Probe too which is pretty smart. I'm going to start nibbling at that one myself

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