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: OT: MacDonald Mines proposes share consolidation

It seems that Reverse Split of 1:10 would based on todays trade of 0.005 put

BMK at 5 cents post consolidation and would not allow for any kind of decline.

To be safe above " Respectful " level of five cents they will need RS of 1:15 or

1:20 since shares usually drift lower post Reverse Split.

GLTA,

Fossil

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