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: Shareholder's protection plan

Shareholder's protection plan

posted on Aug 19, 2008 03:58AM

It may be time to review this very important document. If someone could post the original wording that would be great. However, as I understand it, it gives every shareholder except the one trying to do a hostile take over the right to buy more shares from the company, diluting significantly the % of ownership of the hostile take over company and reducing their ability to pursue their endeavour in this fashion. I suspect at a valuation of $5, most shareholder's would step forward with additional funds to support the company.

G.

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