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: Cliff's camp
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Jun 20, 2011 11:50AM

This is why junior explorers seem to be acquired at 'puny offer' prices. SPQ and FWR shareholders were (I was!) deeply disappointed with the price offered for their shares, but they took the money and run. The Buyer, on his side, in exchange for the remote drilled holes and non-accessible pieces of land, departed from his million of dollars and shares, and must bear a very long run before seeing any return. And he only hopes to get there before all Hell breaks loose under the feet of the environmentalists, the natives, the economy, the markets, the weather, the competitors, the unions, the sharks...

GLTA.

BaBe.

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Jun 20, 2011 01:51PM
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djo
Jun 20, 2011 02:40PM
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