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)

Free
Message: Re: Only a few will remain
37
Jul 07, 2011 12:30PM
19
Jul 07, 2011 01:53PM
2
Jul 07, 2011 03:00PM
4
Jul 07, 2011 03:35PM

Hello,

You mention that it's possible we have a share dilution up to 500mln shares.

My thinking is why would BaoSteel "allow" this? I mean that BaoSteel is well funded so if more money is required why wouldn't they support NOT.

In the end when the game will be played who get's control over the ROF the less shares there are the more value they will have. I'm not sure what BaoSteel motives are but if they can not play the end game (against Arcelor or who evere) they will at least get some nice return of investment if they put money into NOT without any further share dilution.

Am I mistaken here?

Jean

6
Jul 08, 2011 08:54AM
7
Jul 08, 2011 09:04AM
2
Jul 08, 2011 09:58AM
Share
New Message
Please login to post a reply