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 Other Shoe Will Drop

The Other Shoe Will Drop

posted on Jul 16, 2008 09:04AM

Nice post coswil.

For those that have been around a while, you will recollect that a while back, there were rumors abounding that a major was going to take a position of approx. 10% to the tune of $10.00-$12.00 per share. Apparently, those rumors at that time were premature.

We do know that confidentiality agreements were signed and now apparently we are in additional discussions with a major(s).

If in fact the most recent rumor of additional "semi & massive" hits with decent strike length come to fruition, you can be assured that the fuse will be lit. Our share price will appreciate very quickly to likely new highs. That in itself will be fantastic. What will be even better however is the likely clamouring by the majors to secure that 10% interest for themselves. When that does happen, you can be assured that our share price will move to beyond the level of the share price buy-in.

Richard certainly is not the character that Friedland is but rest assured, he is playing hardball.

Now, let's substantiate that rumor.

Cheers,



Milsy1

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