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: Deleveraging? Credit Crunch? PNP & NOT
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I've been watching and picking up a few of those 2 as well... Now when the underlying assets are trading very low, a further 50%+ reduction for PNP and LV is just too tempting not to have a stink bid in.

I agree bargains all around.... Sure didn't figure my stink bid on LV @ .12 would get hit.... They had a book of about .78 several months ago... Go figure!



PNP finacial indicated a book of about $3.79 just reported last week!

"Net asset value per share decreased to $3.79 as at June 30, 2008, from $4.20 as at Dec. 31, 2007"

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