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: Gold now at 887, up more than $105 today!!!!!!!!!!!!!!!...

With all due respect Glorieux, I would be disappointed if we sold 50% of Windfall for $200MM. I am one of the old NOT holders who are fortunate enough to have owned NOT pre hole 100.

Like many of the other "oldtimers" JBL is a bonus and in all likelihood, it will be the company maker.

But for me, we have come too far - almost at zone 100. For those who were around back in early December/06, the talk of a decline didn't surface until a while thereafter and here we are. In all likelihood, our feasibility studies for E1,E2,BB1&BB2 will be completed in less time than it has taken for us to wait for the ramping and sampling process.

I am not inclined to sell ourselves short. $200MM represents what, 200,000 ounces at $1,000 per ounce.

Like the old game show, Let's Make a Deal: Monty, I'll take door number 2.

Cheers,

Milsy1



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Sep 18, 2008 05:04AM
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Sep 18, 2008 08:02AM
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