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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: GREAT NEWS

GREAT NEWS

posted on Aug 19, 2008 04:03PM

HI fOLKS



this further indicates a strong economic deposit is in the making !

to drill futhrer allowing for the verification of tonnage 43-101 compliant will result in a buy-out of SPQ and partners.

the 43-101 compliant tonnage reported recently from one of our VMS deposits as John Defer mentioned today, already makes SPQ having the only other verified deposit along with NOT.

my freind (an accountant) in Yellowknife, and I, have been working on estimates for this copper/zinc deposit. ...we keep on coming up with about 300 million in the ground ....this represents just one of the VMS anomoly's which we have drilled in the past.

ofcousre there are other anomolies that have been drilled and these together with our CHROMITE ...PLADIUM ...PLATINUM ...AND NOW GOLD ...GOLD? YES GOLD!

OH YES THEN THERE ARE DIAMANDS in WAWA ... not to mention OUR diamond DISCOVERIES all around the ROF.



I have always thought that eventually SPQ and partners will end having the most fertile claim in the ROF ...EVEN MORE than NOT.

In any event we are a long way from fair value in shareprice in accordance to what we know for sure today .... in my veiw, that would be (with this latest news release) spomewhere around 40 cents. (present mark. cap is 15 million ...it should be atleast 100 million making the share price approximately 30 cents)

cheers (and excuse my poor spelling)



danny

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