43-101 and the SP

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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tmleafs26

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43-101 and the SP

posted on Aug 18, 2008 12:11PM

I have noticed reading the board lately, that a lot of people are thinking that today's 43-101 will lead to a SP explosion. As you can see with a close of $2.63 and trading of just under 100K shares, it hasn't affected the SP.

This is a report of something we knew aobut already. I believe that people rely too heavily on one NR for the SP to explode and when it doesn't go up, they are dissapointed and give opportunity for the manipulators to drive the price lower.

What will make the SP go up are two things. First of all we need the summer to end and have a market turnaround. Nobody is buying NORONT and nobody cares about NORONT when the R word has been used SOOOOO many times. Secondly, we need NR's that discuss more Eagle type deposits - what got NORONT on the map and a $7 price back last year was amazing nickel results, and I think that's what the market is still waiting for si more nickel results, not Chrome results. Althought like d12 mentioned, I think the Chromite will be the darling of this company, but it will take a long while for the market/public to figure that out.

Until then, I know a lot of you have been waiting and counting down the minutes until this 43-101 is released, well here it is and the market doesn't give a rat's a$$ about it. Now that it's here, can someone tell me what the heck the 140 pages say in a brief paragraph? :)

Patience people, wait until this year is over and we should be in a nice recovery by then, hopefully in double digits. There is a lot of work to be done by Dick Nemis and the management team and the dirlling team - give them time and you will be rewarded.