HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: The only negative I see

The only negative I see

posted on Dec 13, 2007 12:07PM

I know we all read it, so we might as well get it out on the table now.... nothing wrong with looking the truth in the eye.

But the guys does say it, and he wouldn't say it unless it was a valid concern.... and I'm not even sure what it means. But if I take it as it reads, it means the deposit may decend deep on one end, back into the bowls of the earth..... Only further drilling will show us just how this lady is built... and then he points out that (I think) it may be that this plunge then comes back to the surface down the road a piece. And of course, we have staked half of canada so there is the expectation that where one lady is, we will find another.

"If the intrusion is accepted to be a conduit then it must be continuous over considerable distances likely measurable in kilometers. Since diamond drilling has shown that it is surrounded on all sides by older felsic intrusive rocks at surface, logic dictates that it must continue at depth. The prospects for continued extension of the mineralized body to depth are excellent, as long as it is not lost in a fault zone&. Although the rapid deepening of the conduit is somewhat discouraging, the presence of a weak magnetic feature south of the Eagle One deposit, that connects to the much more prominent magnetic feature to the south, may indicate that the plunge shallows at depth."

So am I discouraged? Absolutely NOT. In fact, I am encouraged by his divulging all the facts of what they know at this point, the good and the not so good. Such is the business of mining.

This confusion will be good for picking up more shares on the cheap. IMO.

LONG and STRONG.

BK

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