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: Where are we now. Poly
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Jun 13, 2008 08:18AM
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Jun 13, 2008 08:39AM
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Jun 13, 2008 09:00AM

The problem is that the 'Market' doesn't trust Management and wants to see the 43-101 signed by a qualified person instead of more 'hold onto your shares'.

It doesn't take a brain surgeon to recognize Management is either dragging their feet or has other reason for not releasing or indicating when a 43-101 will be released. People tend to think the worst and suspect the reason is poor value of DE1.

Untill we get reassurance of value within DE1 and a whiff of DE2 our share price is going to remain under pressure. Of course coming out and saying what the delay is and when it will come out could help a lot by refuting those that suspect other reasons for delay.

5
Jun 13, 2008 12:27PM
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