Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: Why I stay invested.

Why I stay invested.

posted on Sep 09, 2008 03:39PM

Maybe call me a fool. I feel like a broken record sometimes.

1. It does not matter what I paid per share - it still represents 1 share. If I cash in now I get considerably less then I paid on some. I choose to stay.

2. McWatters is touching preproduction very soon. I think this company can succeed. And I am willing to take that risk.

3. I see what we have accomplished.

4. As far as I am concerned. If I had sold, I should have done so long go. Part of what is driving this economy is fear. When will things settle down? It could be after the US election.

5. This is a developing company. I have always known we have the resource. yes, I knew Redstone was not the only answer. McWatters is also needed. I believe this company needs to do whatever is required to make it succeed. The goal is not today - it is down the road. We have a 24% institutional base and when they decide to shift things our price will move and we react. It can also go the other way just as quick.

6. We do have good news down the pipe but it will come out when it does. Hang in there for those that choose. For every seller there is always a buyer. At these prices they were snatched up. It takes courage to take the risk of holding on or buying more. Yes the price could go down more but I suspect we all know that the market is oversold. Next week the Alta shareholders have their meeting. I suspect by then some of the news will be out.

Anyway, I talk too much. Have a good night.

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