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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Hello Fishercat.

In fairness to “Balance,” his criticism of me came before yesterday’s financing news release. So (even though his poorly-targeted remarks were enough to get anybody riled up), the games being played with our stock compound the mischief being played at our expense many times over Balance’s capacity to be unbalanced.

So far as agitating to throw the bums out (so to speak), you’re joining the major shareholder sentiment already being expressed to me in favor of just that. The best phrase to describe the origin of the latest financial shenanigans being perpetrated against us is “snake pit.” As follows is part of an email addressed to me 9 October 2012 by (of all people) a present member of the Board of Directors. In respect to his privacy, I’ve omitted the remarks he made to me that were not intended for public distribution.

“I was put into a snake pit.... I back Bob Granger who is being forced out as he opposed Mr. Smith’s practices. I believe the company has great assets, in fact too many of them. My belief is some sb [?] sold and focus on core assets. I and Bob were the only ones to oppose their shoddy handling of issues. And he is getting removed over it.... Believe me, I do not want any part of this. I ... would rather spend my time focusing on more productive things.”

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