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: Windfall-More Thoughts

Windfall-More Thoughts

posted on Oct 02, 2008 12:07PM

If NOT had to do a financing within the next 6 months, it would be at a severely distressed price level. With its true potential yet to be realized/acknowledged/accepted, it would be a disaster for all existing shareholders. Now think about this. Windfall is our most advanced project...the gold is there.....the price of gold will probably climb in the relative near term because of what's happening south of the border........its an excellent property and could right now command a premium price from certain parties. We know that at the current burn rate, that we will have to go to the market within 6-8 months.......if a decent offer came in for Windfall now, take it as our current SP reflects essentially nothing for it.

Comments are always welcome.

Respectfully submitted

geoprof

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Oct 02, 2008 12:16PM
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Oct 02, 2008 12:30PM
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