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: Warrants

"I don't see how the warrant buyer ever gets ahead of someone buying at todays price of say $1. If the price goes to $20 the warrant holder makes 20-4.5=$15.50. If you bought at $1 on the open market you make 20-1=$19."

By your calculations investing $50,000 gives you:

100,000 Warrants x $15.50 = $1,550,000

50,000 Shares x 19$ = $950,000

Someone may know something that most of us are earger to find out.

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