Welcome To WellGreen Platinum on AGORACOM

Large Mineral Resource: 5.5 Moz PGM+Au, 2.9 B lbs Ni+Cu (M&I) with 13.8 Moz PGM+Au, 7.0 B lbs Ni+Cu (Inferred)

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Message: Hi-Test NKL

Sorry it took so long to post it here.

38 people took part in the survey. My take on it is that we should do a small PP this year. I say this based on the results of questions 5 and 6 and also on question 8 because nearly everyone wants to drill ASAP and Question 9 that says the vast majority of shareholders want some level of work on Wellgreen and not just let it sit idle. Management is doing a very good job. I say this because a significant number of people rated management B. Management should however had the foresight to have an updated resource estimate before the PP and this years drilling. I say this based on question 1 and 2. Management does need to do a better job keeping shareholders informed. Nearly every shareholder is in agreement based on question 7. The last question 10 that has to do with commissioning an updated PEA with the inclusion of using natural gas and a split concentrate was very close but the cake goes to doing it now. At this time I would say it would nearly make more sense to drill a couple high priority targets and have the results included in the next PEA. There is not enough time to have an updated PEA before the next PP is upon us. That again should have been commissioned 6 months ago.

Q1

Management should have commissioned an updated resource estimate 6 months ago.

  • Answered: 38
  • Skipped: 0
0%20%40%60%80%100%AgreeStronglyagreeDisagreeStronglydisagreeNeutral
Total 38
Agree
26.32%
10
Strongly agree
42.11%
16
Disagree
13.16%
5
Strongly disagree
5.26%
2
Neutral
13.16%
5

Management should commission an updated resource estimate now.

  • Answered: 38
  • Skipped: 0
0%20%40%60%80%100%AgreeStronglyagreeDisagreeStronglydisagreeNeutral
Total 38
Agree
26.32%
10
Strongly agree
42.11%
16
Disagree
15.79%
6
Strongly disagree
5.26%
2
Neutral
10.53%
4

Given the current economic situation how would you rate management?

  • Answered: 38
  • Skipped: 0
0%20%40%60%80%100%ABCF
Total 38
A
0%
0
B
50%
19
C
34.21%
13
F
15.79%
6

Management should have raised money 6 months ago.

  • Answered: 38
  • Skipped: 0
0%20%40%60%80%100%AgreeStronglyagreeDisagreeStronglydisagreeNeutral
Total 38
Agree
28.95%
11
Strongly agree
44.74%
17
Disagree
2.63%
1
Strongly disagree
7.89%
3
Neutral
15.79%
6

Management should raise money today.

  • Answered: 38
  • Skipped: 0
0%20%40%60%80%100%AgreeStronglyagreeDisagreeStronglydisagreeNeutral
Total 38
Agree
23.68%
9
Strongly agree
23.68%
9
Disagree
15.79%
6
Strongly disagree
10.53%
4
Neutral
26.32%
10

Management should wait a couple months in hope of Shakespeare making $1-2 million profit a year and do nothing until the in-house studies are complete.

  • Answered: 38
  • Skipped: 0
0%20%40%60%80%100%AgreeStronglyagreeDisagreeStronglydisagreeNeutral
Total 38
Agree
26.32%
10
Strongly agree
7.89%
3
Disagree
23.68%
9
Strongly disagree
26.32%
10
Neutral
15.79%
6

Management should better inform shareholders as plans change.

  • Answered: 38
  • Skipped: 0
0%20%40%60%80%100%AgreeStronglyagreeDisagreeStronglydisagreeNeutral
Total 38
Agree
28.95%
11
Strongly agree
60.53%
23
Disagree
2.63%
1
Strongly disagree
2.63%
1
Neutral
5.26%
2

Management should drill ASAP.

  • Answered: 38
  • Skipped: 0
0%20%40%60%80%100%AgreeStronglyagreeDisagreeStronglydisagreeNeutral
Total 38
Agree
34.21%
13
Strongly agree
42.11%
16
Disagree
7.89%
3
Strongly disagree
0%
0
Neutral
15.79%
6

Management should do nothing with Wellgreen this year and save our cash to weather the storm.

  • Answered: 38
  • Skipped: 0
0%20%40%60%80%100%AgreeStronglyagreeDisagreeStronglydisagreeNeutral
Total 38
Agree
10.53%
4
Strongly agree
2.63%
1
Disagree
28.95%
11
Strongly disagree
44.74%
17
Neutral
13.16%
5

Management should commission an updated PEA today to include the use of natural gas and the use of a split concentrate.

  • Answered: 38
  • Skipped: 0
0%20%40%60%80%100%AgreeStronglyagreeDisagreeStronglydisagreeNeutral
Total 38
Agree
26.32%
10
Strongly agree
23.68%
9
Disagree
13.16%
5
Strongly disagree
13.16%
5
Neutral
23.68%
9


Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32584767&l=0&r=0&s=NKL&t=LIST#uIWWRwA8IiCZ8A0V.99

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