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: Dilution ,a price to pay or a scare tactic from the other side?

This one is the only one that applies:

"'I thing that the second will apply nicely to Not , yes we are adding more shares to the total , but only to buy valuable assets and therefore make Not a larger and greater company."

Dillution is when the share count increases with the assets remaining the same or not increasing as much relative to the increase in number of shares. This is by definition of the word.

When two companies are combining their resources and shares then it is improper to call it dillution. It is sharing nothing more nor less.

I guess Freewest issuing shares to Cliffs to pay themselves is not dillution.

This very idea of dillution was brough up by the very people who are more dilluted than us. Very hypocritical in my opinion and I think the less of them for it.

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