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: Ask yourself
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If we were to continue drilling and proving up more resources,what would happen to the SP. With the market the way it is, we may not see much or any increase. The current SP doesn't come close to the value we have in the ground now. We allready have two mines. To continue might just set us up for a low buyout.

By not spending any more money on drilling, and focusing on mine developement and infrastructure isn't a bad thing IMHO. Once we get into production then drill Tha S__T out of everything and prove more resources.

Just some thoughts

goldcar

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Re: Ask yourself
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Edgy
Sep 28, 2012 12:44PM
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