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: $4.00 warrants

Hmmm. I guess I beg to differ here. Repricing warrants just doesn't seem like it's a practice rooted in fairness, but I don't hold any. Most of retail probably doesn't hold any. But the institutions sure do. My SWAG is that they hold the majority of warrants.

So I understand your (and other retail warrant-holder's) pain, but "you pays yer money and you takes yer chances".

Let's not distract the BoD from their purported mission of getting the SP up so all shareholders can benefit from a rising tide? Please do feel free to educate me if I am off-base here.

I do wonder if the apparent witholding of news is being done for strategic purposes, like holding the cards to wreck a hostile takeover bid, or maintaining the ability to entice a bidding war when (not if) a lowball bid comes wafting in on a stinky breeze.

GLTA Longs!

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