Trying to find

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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bravekind

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Trying to find

posted on Nov 11, 2008 01:51PM

Tryijg to find SOME justification for this financing and options.

But I should not have to, they should explain it clearly to shareholders.

Two dimly lit candles at the end of this dark tunnel:

1. They want the financing in order to merge with / buy / consolidate other area properties and/or fend off a major.

2. The economic outlook for 2009 is worse then 2008 and if you're going to raise money, do it now.

2. They won't make any money on the options until they are well above the option price (.80). [Still, this amounts to 300,000 shares per director and for what? The first order of business is to pay themselves, handsomely!?]