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: where are the winter drill results
12
Jun 10, 2011 11:52AM
Regarding deep drilling:

"and potentially from underground drill stations."

With the wedge system being expensive and problematic waiting until they have a shaft to explore the greater depths may be the prudent thing to do.

"By our bod just sitting back and keeping their mouth shut will send the SP down ,they must know that .and they are getting paid to do it."

That may not be how they are being paid, it would be illegal, but the legal method is that low sp means cheap options to the management. IF you are certain of the future, temporary sp depressions and opportunities for aquisitions by what ever means at lower prices, may well be welcome.

Not unlike them I do not complain much about depressed sp because it presents to me an opportunity to load up some more at a lower price. I just locked some small profits ( sold some ) of gold shares and am just waiting as to when to bite on more NOT.

Cheers.

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