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: RN interview and missing result from Eagle 2

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in response to by
posted on Jul 10, 2008 06:27AM

It is difficult to see the sp in the range that it is but there is not too much that we can do to change the facts other than try to load up as much as we can and hope that the market turns around soon.

Right now the mineral exploration market is out of favour and the MMs have been doing what they are hired to do, which is to take advantage of the opportunity. That is their job.

The attempts to promote any of these exploration companies with good news, drill results etc. seem to fall flat as the facts are largely discounted or ignored. It is somewhat like trying to sell a great house in a very poor housing market. We could have the best house in town, but only be able to get half the price of what could be realized in a hot market regardless of the great features. On the other side it would be a great time to be buying. When the market changes, we would have a great house for maybe half the price.

It seems that we can release great news and no one wants to recognize it as such. I believe that it would benefit us all if any good news that can be saved until a more favourable market will have a much larger effect on the sp at that time as there will be a lot more people interested in competeing for a share of our company, much as the house price in a hot housing market.

Maybe we could relax a bit more and enjoy the buying opportunity and plan on action when the market turns to a more favourable climat which some of our more knowlegable posters believe will take place this fall. (Sept. Oct.)

I think that it would take a lot of pressure off of the management team if we could relax a bit and leave them room and time to pay more attention to getting ready for this turnaround. It should prove to be a much more productive result for us all rather than them spending time worrying and trying to keep us continually updated with things that will keep us happy on a day to day basis.

GLTA.

s.


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