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: Re: Reasons behind today´s NR
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Aug 09, 2010 06:49PM
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Aug 09, 2010 09:27PM

Edgy wrote: "I suspect that they know something about the immediate region of Eagle's Nest and have purposely held back information so that they could aquire 100% ownership of the area at least cost. Having now done so they are free to drop the other shoe."

Very good analysis Edgy......this is a very likely scenario

To give up on a proven property, they had to know that what they got was not just moose pasture.

There was a reason why the stock jumped up and your analysis fits this scenario.

Just like hockey, you don't give away a proven veteran for a youngster unless he has some credentials.

SN

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