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: Great Posts Fellow Shareholders

Stock greed - absolutely SPOT ON. Very eloquent synopsis of Peter.

Peter is the ABSOLUTE BEST at finding properties and exploring them to a point of titilation for investors -- hope that dangles the gold bar.

Unfortunately all the properties with potential are not being developed. Ask peter - he has NO DESIRE to develop a mine or ore body - merely to prove it up to a point and joint venture it. Exactly what he plans to do with ROF - hit some grades and then sell it off.

In the case of Champion - he found it and let it go and see what that board /officers did with the company ?

Magpie - ask peter why he took so long to focus on an ore body with 1 billion tons of iron ore that is mostly above ground and all you need to do is scoop it into a pail. there was no sense of urgency to to metallurgy - and Fouad K is a technical person and not the man to be in charge of marketing this property. Peter lacks a focus and strong desire to capitalize on this property and he needs a network that can add value.

It's time to give Peter Help -whether he admits to needing any help. Leave him in charge of exploring - get a Friedland or lookalike to enhance value.

So fellow shareholders we need to write in a new slate and i will have some concrete suggestions later this week... one thing to propose names - another to be sure they will accept - working on it. And if anybody out there can help - let me know.

From the existing slate - Peter and Granger stay - rest in my mind to be replaced with strong people.

Harvey? Thompson?

Bottom Line - mineral fields has to want what we want. HUGE RETURNS. so far they are smart enought to invest in quality properties and Peter. Next step is to realize Peter needs help in order to cash in... working on it. No they don't want to run the company but they can find somebody to designate that is in sync with their desire for big dividends and help peter.

so don't cast votes just yet.....

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Oct 13, 2010 03:30PM
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Oct 13, 2010 05:41PM
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