Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Focus !

We don´t need all the other properties.

That´s what we have done over the last few years, haven´t we.

Juggling around, going from one to next, JV some off (look what happened there, when somebody else kept FOCUSSING on one property).

But we haven´t followed through on one thing so far.

So, I would like to see, that we get a clear focus from the company on our most important project: Magpie ! Let´s get this sorted: Spin-Out, drilling, resource definition !

It shouldn´t take ages to arrange this Spin-Out, what is the problem there ?

Then go to Lamelee, do the same over there, but only after Magpie is done !

I think, our biggest problem is the lack of focus, too many parties to dance on.

We can´t even handle one project properly, let alone all these "game changers", we are involved with. Get one "game changer" done properly, that should be enough to get some share price appreciation.

Because for serious investors, 5 x 20% is NOT 100% ! You get my drift ?

FANTOMAS

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Feb 18, 2012 05:50PM
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Feb 18, 2012 06:01PM
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Feb 18, 2012 06:08PM
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