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: my fear

Re: my fear

posted on Nov 17, 2008 10:23AM

Sorry to disappoint everyone??? The PP is not filled as of now. Actually they will probably close it off before the weekend and probably with only 70-80% taken up. This is a good thing for many differing reasons;

It shows there is enough optomism to allow a PP in the present market.

It does raise a substantial amount of cash to permit continuing exploration over th next year.

It will mean less dilution which is what many posters wanted.

Regards

K



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