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: All skies are blue: Share price target is at C$8

All skies are blue: Share price target is at C$8

posted on Oct 27, 2008 08:08AM

Through the grapevines we have been confirmed that Rosseau cum suis are not willing to sell below C$ 1 Billion, ie C$8 per share, based on current discoveries including the Cr estimates at 12 M tons. They need the cash more than ever and probably than anyone to survive with their current client basis.

Let's keep an eye on the future, all skies are blue as no one will get wet shoes at C$8. Forget about RN, he is history and he has a well deserved life in Florida and back in his hometown to look forward to, that will be rewarding as long as the new BOD starts to deliver on the grapevine indication which are highly reliable as already discussed with 2 involved majors.

No worries and therfor no more unrelaistic emotional request to RN needed as he has been forced into this deal, so why have him explain himself as to something he never was able to manage. He has done a terrific job on the things he could do, let's skip the variables which were never in his span of control or possibilities.

C$8 within a years's time will do for me and should do it for all shareholders, retail or not. Mind you, count your blessings to be able to hold your shares or add at these levels. Rosseau is a fine party which is highly experienced in getting a fast and proper deal, there is no reason why we should not be pleased other than it is quite different from earlier expectations, bear in mind that NOT's discoveries have come at the possibly worst times in financial history, and we will all walk away at a blue sky proposition. Let's move from here with the BOD which is now ours.





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