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: 4.3 % Increase
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NOT had 187.7 fully diluted shares before these PP's. Add 8MM and we now have 195.7 fully diliuted. This represents a 4.3% increase in shares out.

To compensate for this increase, one could also increase their own holdings by 4.3% and not be affected by the PP in one aspect of it.

strato

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Re: 4.3 % Increase
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crazytrade
Oct 29, 2010 03:14PM
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