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: The stomp, stomp of Johnny and June

The stomp, stomp of Johnny and June

posted on Jul 04, 2008 08:27PM

Good Evening NOT

What a day. We have some numbers... no accountability for the rest of the pie, ie windfall etc.... crunch em numbers guys.... crunch em.

This is eagle one and there is more drilling to come. What, should there be any bluesky in the eagle one deposit? Is it open in a few directions, yes. Wait a minute, this tonnage doesn't support our price per share for eagle one... What's that you say, what about Eagle 2.

Could there be more nickel, more nickel then Eagle 1? Are you serious? Oh, Chromium you say, what is that? Why is it we will have 2 drills on Eagle 2 for the next few months, continuing to drill? How long have they been there already? How long has Eagle 2 landed for? Both of Eagle 2's wings appear to be grounded, by by the stomp, stomp of Johnny and June that is.

My point specifically, this is a beauty release. It sends a specific message to those who need numbers, what they do with them is their fish to fry. What will happen next is for the rest of us.

We have signed up top notch talent... we have now announced our intention to ship our high end ore to Sudbury(my guess) (just assuming Richard has already talked to CVRDinco about this, given their seat at our table a few months ago.)

So we develop ridiculous cash flow from our ridiculous grades at E1, and we build our infrastructure, and, while we are at it, build it for the rest of the ring of fire,... we are the gatekeeper... it's time to play ball.

I hope FNC and PRB hit, more ore for our trucks and roads to haul. More speculation certainly.

Really, I suspect the average chromite hole takes atleast 1 month to get two us from the time it hits the lab. Think about it, it likely takes 14days to process the assays, and another 14 to reassay them. There's 28.... what about shipping and write up.... seriously, if that isn't 40 days until we get a few answers, nothing is.

So, back to Chrome, wake up people, if we are going to ship our nickel to sudbury, or god know's where, the chromite will have a seperate buyer as well.... OK inco, you get our nickel, here's the deal. OK, Chromite producer, you get our world class Chrome find, here's your deal... sounds good to me.

Also sounds like some good cash flow is coming down the pipe betweem Windfall and Double Eagle.

Would love it if someone who could benefit from both chrome and nickel and platinum could take us over, but sometimes the sum is worth more then the pieces. Or better yet, lets take some cashflow from these world class deposits and see what we can accomplish. Didn't first quantum grow there company similarly?

not financial advice, due your own dd.

regards

cwallace


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