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)

Free
Message: Re: Take-Over NOT ?
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May 28, 2010 11:48AM

Yes 2.50 is a joke but it would be a feeler offer. You forget Noront's initial offer for Freewest. Same applies to anyone's initial offer to us.

Feelers are a common practice and they are typically at 20 to 50% above recent trading price.

Can you not see here the disgust with our current trading price. It opens the door to such low ball feeler offers.

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