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: Re: Sum4All/Old Joe- I would welcome a DE3
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Mar 10, 2008 06:40PM
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Mar 10, 2008 07:11PM
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Mar 10, 2008 07:23PM
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Mar 10, 2008 07:35PM

Let just say that should a NR present itself tomorrow and should it be as you say, DE3 with 80 meters of MS, then you will NOT have to worry about the SP droping! This would NOT be the news that would replicate the previous precedence of a declining SP on a NR; this kind of news would be the total opposite in that it confirms the geology and size of the ore body that Mr Nemis recently stated at the investor luncheon where he says the ore body could be larger then Voisey's Bay. With this kind of news it will not matter at all what the overall market direction may be as the SP will be moving in one direction and you guessed it correct: it will be up! And the amount of SP appreciation would depend on which annomoly proves to be DE3, but in any regards it will be positive.

As for tomorrows SP action I do not know where the closing SP will be, but I would be surprised to see us close below $6. Not because IBK thinks that the warrants will be acted upon this week suggesting NOT will be above $6; Not because we have a pending NR on assays specific to DE2 with potential 5 -7% NI; Not because Genuity will pull out all the stops to ensure $6.00 is maintained; Not for many other reasons, but other then to say that in addition to the above reasons there is just way to much activity occuring with NOT not to be invested fearing they will miss the next NR that will be the grand daddy of them all....Sound familar....There is much more to come....Can't you feel it....

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Mar 10, 2008 08:02PM
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Mar 10, 2008 08:16PM
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