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: Question

Re: Question

in response to by
posted on Apr 25, 2008 02:32PM
I am not sure if they were responding to the pressure from postings on Agoracom or the pressure being exerted on the SP by the market. I would say it was the SP action that eventually lead them to respond. The apparent news black out coupled with negative price movement would be the catylist to act and one could be thankful they did not delay any further. They in all probability should have responded sooner given they did know about the technical failures, but it does not say in the NR exactly when they found out. Apparently according to SGS this issue is a top priority so I would expect we would see a very quick turnaround from SGS to prevent any further embarressment or potential ligitation, although I am sure all parties would want to avoid any ligitation and therefore my prediction of a quick turn around. Have a good weekend all.
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