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: Phonecalls to RN
9
Aug 01, 2008 04:14AM

Quite frankly, I don't believe they add much value here....if anything, I believe they often have the opposite affect to what we would wish for....let's take yesturdays call to RN for example....

WSR/MTX were having a nice run.....people may have thought that some good drill results are coming.....this may have given a bit of a lift for certain area players.....instead we are left with the feeling that the WSR/MTX rise has nothing to do with the drill results

Just around that time as well, I noticed FNC and PRB beginning to pick up steam....the steam seemed to come out after that phone call to RN

The other point is this....anyone who regularly reads the posts here knows what's going on with Windfall progress...Mexico, China and Burnt Hill are a wait and see.....and drills are turning at various locations in the eagle 1, eagle 2, blackbird 1 and blackbird two locations......it seems in these calls, we avoid asking the obvious....which in this case is.....is there any truth to the rumors with resepct to drill hole 3 at AT12.....why was that question not asked or discussed....word it however you like, but I would think....at this time...

Now I can surely understand that there are certain things RN is not at liberty to discuss.....he surely cannot offer confidential/insider info.....so, quite frankly, why bother....in the end we are left to make an opinion on the socalled excitement in his voice or something to that effect

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