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: MDand A (as of March 28th 2012)

Yes, i have been waiting for these supposed meetings to translate into results and some buying pressure. It has been quite the opposite. Granted the market is atrocious now so we all continue to wait to see if Smith was able to ring in new buyers/institutions. So far, can't say i'm impressed with the financing deals he's made and lack of support we've received.

But in the same breath I admit that one can not help but feel a sense of optimism that one day this thing will explode. If not, i hope people will finally wake up and demand a shake up. I have never seen a company/CEO get such lack of respect for this duration. Like Rago says, it may be too late because i'm sure there are some shrewd investors taking a hard look at this play and may be making a move anytime.

Best,

Eudai

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