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

You are probably 100% correct, and this is a sad statement. This is the reason that Canada is becoming more and more foreign owned. Collectively, we are looking at a very short term gain instead of looking over the horizon.

Keeping the SP low for the purpose of having a couple of PP come out puts you at risk of getting bought out at pennies because you are a good acquisition target. I have a feeling, that despite the bravado that Wes displays about mining the ROF, he has no intention of that happening, since he would rather sell for a few bucks than have a lifetime of steady dividends.

Again, it is a Canadian short term philosophy that I hope we manage to overcome some day.

In the mean time, I will trade the highs and lows, or almost, since I can never time the bloody things :)

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