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: Just got some info

Just got some info

posted on Dec 18, 2008 10:28AM

It would seem like about 3M warrants are still outstanding but many of them are calling in the last few days asking how to exercice those warrants so it looks like we could put another 2M dollars or so in out kitty from these warrants...A little more dilution but at this point that is better than warrants not getting exercised in my book. This means that there is still good belief from insiders and major investors that we will be seeing better prices at some point!! I am a little surprised that the SP has pulled back as low as .67 at this point but many had bought share below 0.50 and cashed in some good profits. We do remain undervalued!

Glorieux

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Dec 18, 2008 10:38AM
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Dec 18, 2008 10:54AM
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Dec 18, 2008 11:55AM
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