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: PP why the concern over retail placement?--Power Structure
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Oct 31, 2008 06:21PM
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Oct 31, 2008 07:18PM
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Oct 31, 2008 07:22PM
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Oct 31, 2008 07:25PM

I understand the concern about dilution that would happen with a PP. I would also be in favor of retail being part of any PP that was done. This discussion though is just an exercise in futility until there is a huge upside in the marketplace.

The real and honest fact is that if there were a PP announced, and it was done in such a way as to include retail investors, (rights offering) I doubt if there would be 10% of present investors that would take part in it. There simply aren't any funds available for this to happen. Any who have had anything extra and are still strong on NOT have already jumped in with everything they can. I know I certainly have put up every penny I have available. Surely no one is sitting on a pile of cash, hoping that they will get a chance to dump it into a possible PP in the near future.

There has been no discussion of a PP by management or the previous or present BOD. I know it is something that will probably be discussed in the near future, but certainly will not happen until there is a little breathing room in the market.

Regards

K

5
Nov 01, 2008 11:23AM
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