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: Wes Hanson's new home
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Mar 12, 2013 03:53PM
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Mar 13, 2013 11:39AM
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Mar 13, 2013 01:58PM
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Mar 13, 2013 03:46PM

The free shares is one thing. What I don't like is thaat the BOD seems to be getting financings from people who can sell shares into market and then because the SP is low from a constant selling, participate in a financing at the low price, getting a larger percentage of the company and gaining more power to dictate the next financing without going to the market for the money. To me its the BOD that is letting the dilution of the company happen. Did anyone even ask someone besides insiders for money???? Are the insiders the reason for the low SP in the first place????Would our SP be higher and would we need to sell thousands of shares instead of millions of shares if RCF didn't want total control????I know its legal or it wouldn't be done but our BOD should be working for all SHs and not even be percieved to be working for just one. How many BOD are too friendly with one financer???? It should be against the law or at least company policy for inside share trading without transparancy of trades. Are all trades by RCF recorded? If they are then my rant may be out of place but how can outside forces of friendly manipulation be transparent when talks over beers can happen on a weekend??? I think we need some better transparency to the public about the financing needs at lower SP values. Before the fact, not in the year ends and quarterly reports. I have seen too many companies taken over by unneeded financing done before important news releases.

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Mar 14, 2013 08:09AM
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