A 22% haircut

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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Dennis Sherman

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A 22% haircut

posted on Feb 29, 2016 04:14PM

I respect the members of this forum but today the messages run the gambit from "increase the volume of shares"" to "need the more capital to increase drilling" to " they couldn't change the prospectus on such short order"

The bottom line is that we all took a 22% haircut

I personally have not been this pissed off since Wes Hanson mentioned that the RoF was so remote that it was in a "moose pasture"

If management is this inept, then somebody's head should roll for this decision to move forward at this time with this fiasco. Literally bring to a screaching halt any impitus that was in the making.