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)

Free
Message: I may get beaten up for this comment but

Strato good. Strato not get beaten up lol... Why would you think you might get beaten up?

You are right of course. it makes little sense to sell out too early unless the price is right. The issue is who will put a price on it all? i sure wouldn't put my signature on an early sale. Not when we haven't even scraped the surface of the ROF yet.

I doubt very much that there will be a total and complete buy out at this time. There may be a buy in or something less final. that is of course until the whole are or all relevant plays are absorbed in some way.

We've been around here for a long time waiting for this very year Strato. We may not see any real movement o Windfall at this time and I know it pains me since Windfall was the reason I bought in and I know it was what you were waiting for. Maybe later down the road with some other play.

This BoD is not foolish. They are sharks in a sea of tuna and they are doing quite well. The recession only gives them opportunities. It does not hold them back like it does the exploration plays. These sharks are out to make money and it appears that they are more than capable of doing that. After all, they got most of ours and I may say there are not too many stupid people on this forum. So bottom line is that they do quite well under these conditions.

It is my opinion that the Major or Majors will take up positions within the plays of the rof and see what comes up. Once they are sure of these things, then the Dog Fight will begin. But it will be between them. Let the new BoD build the ring for the match.

Don



Share
New Message
Please login to post a reply