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)

Free
Message: Re: Close 1.38-lor
27
Sep 30, 2008 12:15PM
7
Sep 30, 2008 12:21PM
6
Sep 30, 2008 12:27PM
18
Sep 30, 2008 12:29PM
8
Sep 30, 2008 12:34PM
6
Sep 30, 2008 12:36PM
3
Sep 30, 2008 12:37PM
12
Sep 30, 2008 12:39PM
10
Sep 30, 2008 12:40PM
9
lor
Sep 30, 2008 12:46PM
4
Sep 30, 2008 12:52PM
21
Sep 30, 2008 01:10PM
4
Sep 30, 2008 01:16PM
3
Sep 30, 2008 01:34PM
8
Sep 30, 2008 01:42PM
12
Sep 30, 2008 02:23PM
3
lor
Sep 30, 2008 02:33PM
33
Oct 01, 2008 06:58AM
17
Oct 01, 2008 07:51AM
2
lor
Oct 01, 2008 07:58AM

Hoov, thank you for the outstanding research and contribution you provide. In time everyone will understand that there was a reverse of the perfect storm for all of us here. There is still a silver lining being the incredibly low share price.

At one time before having spent money to build a ramp at Windfall, the market was attributing a price of approximately 1.00, and since then we know that the balance would be worth more than that. Look, it's not difficult to find JM's that are trading at substantially below book value, but the potential return that we have here is very hard to find.

Windfall success may be critical to bootstrapping us to the next level in the short term, as the successful interpretation of results for Chromite may be some time off as you suggest.

I have faith in management and their ability to adjust to the market conditions, potentially delaying expenditures, and hence the tremendous amount of JV's that were contemplated by Richard some time ago. This was in my opinion largely due to an accute understanding of the mining markets volatility, having been through this once or twice before.

As Don Coxe explains it, I cannot tell you when there will be a rebound to commodities, can only tell you that it will happen.

GLTAL and keep up the great work please

Share
New Message
Please login to post a reply