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: Big BAD heres why you are wrong....

OK - I found the post and it was D12, but I was only part right...there was nothing said about two or seven million tons...just between one and ten million tons. Heres D12's original post...

Richard conversation

Posted by: d12 on April 01, 2008 04:04PM

Well, this isn't going to be as long. I just spent a ton of time writing up a report and I lost everything. This has happened far too often. Anyways, here is the shorter version:



When can we expect news?

An update should be coming shortly. I can't comment other then something will be coming very soon.



How is Windfall coming along?

The portal is complete and they have been using it for the last few days.



How is the 43-101 coming along?

We are working as hard and as fast as we can. We may still have to go back and drill a little more as Eagle 1 is not closed off.



When can we expect the 4th drill?

The 4th drill will be in soon, before the end of the month.



Is there still lots of blue sky?

There is blue sky everywhere up there. No one is giving anything for blue sky value, and there is tons of it. We eventually are looking to have control of 80% of the ring of fire.



What do you think of the current SP?

It is low. There is no value for Windfall or Burnthill or for any bluesky. It is low.



Do you think the warrants will be exercised?

Not if the share price isn't above $6, but there are lots of updates between now and then that should help.



What is the size of Eagle 1?

Well, it isn't 1 MT nor is it 10 MT, it is somewhere in between.



But it isn't closed off, right?

Certainly not.



Are there still majors sniffing around?

There are all kinds of majors.



Do any of them want a piece of us?

I can't comment, but there are majors around.



Have we hit Eagle 3?

Nothing has been release or written so I can't be said that it is a hit yet.



So there you have it folks, nothing to worry about and the sky is really blue. There was lots more that I could tell Richard wanted to say but his hands were tied. IMO something will be out this week that will make the decision to exercise the warrants very easy. I have a feeling this is why there has been a delay. They want to silence all critics once and for all and the only way to do it is to release stellar news.



I think now all we need to do is be patient and let them drill away. Remember, the more drilling we do the more money we will get. When this thing gets taken out by a major we want as much of the discovery proven so we don't get something pathetic like $15. Richard and the gang are trying to maximize share holder value, lets let them work.....................



Take care all and sorry for the delay, but I had to type it twice



d12



p.s. I will post more if I have forgotten something





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