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: A lot of this could have been avoided.....

you're statement:

I can't say that this is what they will do, but based on ARU and their quick PP I'd say they are looking to move very quickly to make profit. I don't think they are interested in holding long on their investment and watching their principal drop to the basement

My take is a little different:

They sold ARU after a 4 way split or an equivalent of $20.00 / share, not $4.00/share.

ARU had (ecuador mining still has!) serious politcal threates on her back.

Also, based on what we appear to have here, I would say $4.00/share was just the beginning. In fact, at that point in time, when we hit $4.00, momentum will be with us and we should be moving up pretty fast. Not sure where they would find something 'better'.

And I don't understand the idea of their principal dropping to the basement.. is that where we are headed in the long run?

Let the debate continue!

Cheers

BK



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