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: Is this a convenient release.

Re: Is this a convenient release.

posted on Apr 14, 2009 02:21PM

That is a logical thought that probably crosses all of our minds. It may be a smokescreen of sorts if they are negotiating (in confidence) . On the other hand, there is nothing in the release but data that should be released. There is nothing to suggest the release is "selective" as to timing or content. So, our best hope is that it is a convenient way to keep people being patient, while value is conceived or added behind the scene. Our collective interests are being looked after. Virtually everyone is still under water including the last man in, whose interests appear totally aligned. Recovery of the broader economy and markets will create the value and opportunity while limiting any significant advantage to be gained by one group of shareholders. You only get less than your "share" if you sell prematurely, or if you cannot add slightly to your position if an added issue is done. Things are looking up !

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