Re: Take out in the work DP
in response to
by
posted on
Jan 24, 2009 11:12PM
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)
SUM;
"For all we know our poster may be correct but one needs to keep a clear perspective on what is being offered."
But given the evidence, the suggestion is not to be disgarded. Add to it the comments in the Dec. Co-CEO interview and many other subsequent occurances such as the SP plus Volume in the first three weeks of 2009.
Also keep in mind that ALL we are getting from the present BoD is a slow clearing of the deck on our Past BoD initatives. The current BoD has to get the News out on ALL the Data/Exploration Info our Past BoD pushed out the Front Door prior to the AGM.
And they have to eventually state what it is they are doing or intending to do that justifies their being assigned their current positions along with the Options they provided themselves. Remember, just because they started by giving themselves some Options (generous they are to themselves) and their 'In the Money' buddies a very generous Flow Through PP (tax Free shares) they still need to arn their keep. Will they be able to collect on their Options? Will they even be able to keep them Vested?
Past actions are, after all, are open to future scrutiny! Thke that for exactly what it means. The past is fixed. And is open to inspection at all times in the Future. The means of adderss for the Past does have constraints (time and realistic action, etc.) but does allow for Scritiny.
And though the comment was to look for something by Feb. 14th by one or, in the near future, by the other, we can only assume, if with any substance, there could well be actors out there somewhere judged to be very serious about doing something for their NOT cause and have a tentative time line in place by which they would like their NOT cause actions begin (or be fixed - if initiating the first of what likely will be several steps/phases).
I want to feel confident that there are others who are planning and tracking all things NOT and RoF, and thus the suggested potential Action(s) would have to be a Conclusion/Clincher (NOT likely - given so many Retail are also watching and knowing regardless of what ever ANYONE can offer it will be too little for what we know we have) to not allow any of these OTHERS to counter with their own proposal/proposition (as will be required by Law and or Regulatory procedure).
For anything of material significance (the Dec. 2009 PP will no longer be as easy for a New Bod to do - let us all make effort to ensure so), our BoD will be compelled to consult with ALL the Compnies Share Holders.
Consequently, anything significant will have to be very much very significant.
Old Joe