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: Jitney and Anon. have entered the waters again....

Paliman do not be humble. That is a very valid opinion that I and probably the vast majority here share.

In this last PP it is reasonable to assume that the cost to the buyers is in the $1.40 range, so would they not sell some shares now, drive the sp low and take a risk at having to buy back at 1.40 or even lower.

Even if they do not buy back, they have the stocks from the PP. They are safe, just a matter of how much they profit and when.

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