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: I just bought more!!

I just bought more!!

posted on Jun 26, 2009 10:45AM

I have sold other stocks that have done well and bought more NOT at 0.53 cents. There is a race between Dundee and Anonymous on who can sell more shares...the good news is that there are many more buyers right now. Do not give into fear here, nothing has changed. Our new CEO is a question mark so far as we have not heard from him but that is not a negative enough to drive us this low and does not take away our HUGE land position, our current high grade discoveries or our money in the bank. With our current burn rate down to 1.5M per month, we can survive a whole year, even with all the drilling we are doing...and as pointed out by K and Hoov, we have 11 drills turning and we are not the only one drilling, I expect the number of drills to increase in the next year.

When we had the financial melt down last fall, we hit a low of 0.435 when the whole world was falling apart. Now, things are more stable even if we are not out of this mess yet, Nickel has almost double from $4 to over $7. I repeat that this price is ludicrous and I still have more stocks to move around if they keep being stupid. I suggest everyone look at their portfolios and see where they could move things around to raise money...if they keep being this stupid, we need to all take advantage of this.

Not financial advice of course do your own DD,

Glorieux

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