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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: RS & 43-101
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May 07, 2010 08:58AM
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May 07, 2010 10:26AM

The way I see it now, is that the RS announcement and the release of the 43-101, were timed in such a manner so that our SP would not gain any momentum, in fact, it would go lower, because the results of the 43-101 are overshadowed by the RS, which the market obviously doesn't like. Then, with the lower SP and the RS in place, we will loose more money as the SP drifts even lower after the RS. Where is the value here for the retail investor?

As I said before, the amount of money that a company is willing to pay for us is not based on our outstanding shares, but rather, it will be divided by our outstanding shares. The less shares we own, and a dwindling SP, the more money we are potentially going to lose, or not realize.

kn


May 07, 2010 10:58AM
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