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: T.A. for November is pointing up...

T.A. for November is pointing up...

posted on Nov 12, 2009 10:10AM
Nov 11, 2009 MACD Short-Term Bullish $1.66 n/a
Nov 11, 2009 Fast Stochastic Short-Term Bullish $1.66 n/a
Nov 11, 2009 Momentum Short-Term Bullish $1.66 n/a
Nov 06, 2009 Price Crosses Moving Average (21-week)W Intermediate-Term Bearish $1.65 n/a
Nov 06, 2009 Commodity Channel IndexW Other $1.65 n/a
Nov 05, 2009 Bottom Triangle Intermediate-Term Bullish $1.65 $2.15 - $2.25
Nov 04, 2009 Inverted Hammer Short-Term Bullish $1.65 n/a
Nov 03, 2009 Hammer Short-Term Bullish $1.62 n/a

I personally can not wait for this takeover to run it's course. We are offering to much, I would hope for the offer to expire. There would be a time in the future to go after FWR. If FWR plans to move forward then a PP would be necessary, unless a buyin occurs. Do they have enough to warrant a PP at higher prices? Or is .50 a good price right now? I am still at a loss as to the confusion and distain for this takeover. This course of events would occur no matter who our BOD is whether R.N. or current BOD. If this takeover did not have hurdles then the BOD's would not be working for their own shareholders best interests. We would be saying they are giving it away or not fighting hard enough.

Waiting patiently (literally, my wife is 5 days past due with our first so just trying to keep busy around the house).

Regards Jay

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