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: Re: bnn-pinetree
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Dec 11, 2009 01:52PM

Thanks Lar, I did not know that.

So then the number of shares that they end up with would be any they had before the offer (don't know if they had any at all) plus whatever was tendered. That still could amount to a sizeable percentage of FWR. Do you have any thoughts on what that percentage might be? I know it would be highly speculative and I suppose I am fishing a little here, but would still like to know your thoughts.

Thnx again,

Jeeper

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