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: My 2 cents re:Lack of news
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Re: My 2 cents re:Lack of news

posted on Apr 18, 2008 01:49PM

Again, it all depends on what we prove up and where world ressources prices are going. If we get 20 E1 at an average of 5B each, we would have a GMV of 100B and do you think the big boys in NOT, Pinetree, Sprott and others will say...thats ok' have all of this and give us just $35. NO WAY!!

As the drill works, we will increase our GMV and our buyout will be proportionate to this. To put a ceilling on this thing at the infancy stage of exploration is not only naive but stupid.

Glorieux

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