Re: RE....Financing!!!

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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Re: RE....Financing!!!

in response to

Re: RE....Financing!!!

SideThree

posted on Apr 19, 2010 07:20PM

Hi all,

How many do you think are willing to do a PP at a 2.80 range after the last one?On an average the SP has been below $2 since the last one, so to get people in i don't see the big deal.Another point is maybe they went to NORONT rather then Noront looking for this money?I am sure we will hear about later on.The good news is that this is out of the way, all the big boys are loaded up,so this should have no where else to go but up.

If anything thinks this all happened because of a dud hole(like stated on chat on traderchief)think again.Dundee,Wellington, and Genuity don't put up 15 mil cause NOT didn't hit aything on the continuation of hole 49.I think th eopposite,they know what they hit,and are now putting up 15mil,knowing their investment is a lock.