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: Re: news
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Re: news

posted on Sep 11, 2008 07:55AM

Roos -

You have had some great posts that were very informative. However I must disagree with you on the NR aspect. As someone said the other day we are dealing with a broken market that is not making any sense right now.

Large shareholders are not buying on quality, they are selling to cover. It does not matter whether we have the richest find in the world at the moment because large buyers are not looking at quality. There may be a few of us retailers that realize what we have but the rest of the world do not care at the moment.

It may take a few days or weeks until the market patches itself and staggars away from these awful days. Believe me that any good news will have multiple times the effect on SP once we are straightened out and on the way up. Any NRs at this time will have little effect on todays SP because buyers do not care.

I agonize with everyone but we have to take the long approach and be a spectator to something that I hope we will not have to witness again in this lifetime.

We bought into this company because of management and quality, and we have to trust that they have things figured to the best of their ability and trust their decisions on when and what to say.

To give away good news at this time would be a waste of good ammunition at a later date.

Have faith Bud.

S.

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