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: Options, BOD & Wes?

No BJ you are not wrong, just that you are expressing a feeling of hopelessness as felt by many more here.

Believe it or not I also share some of that but my bull-headedness about this resource, and I am mainly talking about Eagle and the land hold, will not allow me to despair too much.

Yes this company has been dilluted severely but that is the common theme of most companies when they are between exploration and developmental stages.

Recall seeing a chart of the life of a company, the one where the graph starts of into the upper right after a discovery, going horizontal during exploration, then taking a dive at prefesability and initial development, only to rise to new hights once infrastructure is built and producing?

I have it on my computer somewhere but it would take time to find.

Any hooow, as per ever present posting here, once the major stumbling blocks to development are solved I am expecting that this stock will rise and hopefull that it will surpass the historic 7$ ( caveat - share dillution compensated? = Ouuch!).

Yes I also fear that we will be taken out before any of my hopes come to fruition. But that is life and we are not in control of it, sad to say.

I wish that I could say someting more positive but other than that value in the ground ( which is phenomenal imho ) I can only state the reality as I am fit to see it.

GLTA, Ed G.

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