-ve $0.017/day

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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rosehill

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-ve $0.017/day

posted on Oct 01, 2009 11:53AM

in the last couple of months we have been dropping about $0.017/day. At this rate we will hit the $1.00/share in about 40 days. A little like Chinese water torture if you ask me. Much can happen to turn this trend around but for now we continue to fall. A lot of this can be attributed to the overall market. Unfortunately, Wes is doing nothing to stop this bleeding. I can appreciate the fact that daily stock moves should not concern him or his team. They need to focus on drilling and other things. What bothers me is that the last push looks like is was orchestrated to simply facilitate a good PP.

This is the way I see it:

Lets drill the same spot to get some good results.
Spread the word to some select investment houses.
Let the rumors push the stock price up.
Offer a PP at a good price.
Go back to drilling and forget about the stock price for now.