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: if there is a step out...

if there is a step out...

posted on Sep 14, 2009 02:13PM

If there is a step-out, what would be the incentive to delay a NR?

1) a full complete picture, based on a variety of holes to be released all at once? This would mean, Wes doesn't want to string us along with one hole at a time, but deliver something substantial? If this were the case, SP really isn't his concern. The whole picture is his concern. Therefor if SP isn't his concern, then institutions aren't his concern. Does this seem right? If it is right, then what's he touring with? A single hole -49, which doesn't give whole picture. I suspect they worked hard last half of week to bring all the info of recent drills together, draw something decent. Our catalyst NR is on it's way.

2) are there other reasons to wait? What else does WES need to put together before NR launches NOT into world spotlight? What other ducks in line that he hasn't done yet? For those who have experienced a delay in a major catalyst with other companies, what were some of the reasons?

3) there is no step out that's news-worthy.

thanks, SG

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Sep 14, 2009 02:40PM

Sep 14, 2009 02:45PM
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Sep 14, 2009 03:27PM
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