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: The usual language and concerns...

"If it just was an average of the SP, they could have changed it up to a minute before publishing as nobody knew about it anyway or they could have waited a couple of days or weeks."

Contrary to what people believe, decisions of this nature are not done in a few hours. It takes a bit of time, positions are committed to and then executed while the market goes ahead and does what it does. You can't really run a business and make decisions as quickly as some might think.

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