Near term cash

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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From_Sudbury

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Near term cash

posted on Oct 03, 2008 01:59AM

Two ways to get additional funds in the near term

1) Windfall gold (potential cash cow)

2) Other positive news which will raise the share price to that which would cause options to be exercised

Anyone know off hand how many options are still out there and for what price they become exercised?

I would not be a happy camper if they......

1) Sold off Windfall before being able to get a handle on how much gold is down there

2) Did another PP at these give away prices

Just my opinion

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