Re: OPINIONS

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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Francis Dube

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Re: OPINIONS

posted on Dec 01, 2009 09:09AM

One thing about Irwin is he knows how to make money. We have to have some respect for that. This time (as opposed to the proxy war) I agree with his position. Consolidation will permit all of us to reap better rewards down the line.

Mac Watson says he cares who develops this and stands by Cliff's. However, he is giving his shareholders no NSR or means to profit from the development of the RoF. Why he cares who develops it when he retains ZERO interest with the Cliff's deal speak of personal greed and total disregard for his shareholders.