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: TA

"According to who and for what reason, considering that they may still want to remain undervalued, as we might see it, but not others, until they have the data they need?"

...according to my portfolio. But I see your point. If they don't need to raise money based on SP 'cause they have enough, nor if those who bought in at a higher price don't care, nor if those FWR holders who transfered to NOT don't care, what's it matter how many investors are interested, until they have the data they need? According to the interview, they need data to develop production. So the question is, with all their land, at what point is enough data before the next production step, and how long would that take, before they start caring about investors and increasing the SP?

-sg

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