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: news

Re: news

posted on Sep 11, 2008 11:47AM

Nope, can't be done without triggering shareholder protection plan. Major will tread carefully and only acquire the maximum allowed under the 'plan'. If someone want's to acquire more than around 10% of the company they'll have to deal with Management. Can't do an end run by acquiring on the open market without being royally xxxed.



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