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: noront on bnn now .eom - mark
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lor
Mar 13, 2008 12:08PM

NOT to belabor the point, but when these guys appear to be "squarming" in their seat it MAY be an indication that the investor groups they cater to are very much UPSET that they went heavily into a venture (as Brazil was a focus area 2-3 tears ago for getting into those MMS deposits) in Brazil expecting it to prove up huge tonnage of surface accessable resources which would be relatively inexpensive to extract, as told to them by advisors including this Analysist. They were at that time told that there "ARE NO MORE BIG DISCOVERIES" to be found in Canada or all of North America, as that was all I could hear being said as well 2-3 years ago. So, they jumped in BIG TIME and now have RELATIVELY high development costs to face and on a Continent that is looking more and more threatening to foreign investment.

How do these Investors get their money out of there? Pump the projects in Brazil. Which should mean "up the SP" of the companies they invested in. They sell out to recover their cash (at either the lowest possable loss or preferably with some profit) and redeploy it into places specifically like the "Rong of Fire".

For this GUY, the heat is on, one way or another. Very difficult for some of these GUYS to sit still on National Networks and do such a thing. Some others can do the nasty job without a blink of the eye.

We should expect ever increasing interest by the investor groups like those this GUY represents or advises. Also, they are likely informed sufficiently enough by now to know TIME IS GETTING VERY SHORT.

What else can be said???

Old Joe

PS: They are likely too late already!

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