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: known value in the ground @ $7.42 Mar. 2008 ....and TODAY !

known value in the ground @ $7.42 Mar. 2008 ....and TODAY !

posted on Jul 31, 2009 10:49PM

I think it would be a good idea to evaluate the following:

  • our known deposits 2008 when we were over 7 dollars.
  • our improved positon today ...given the many drill results that have been reported: more minerals of including vanadium, cromite, nickle and so on.

this will give some perspective of how well valued we are today at $2.50.

(given that we have a lot more proven resouces in the ground than what we did at 7 bucks.)

this will hopefully give less weight to the up-coming news release on only one hole.

without such a perspective, too much emphisis will given on just one hole.

well, i am on my way for my pint of beer ....have a good evening.

danny

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