HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Proving the Find

Makes perfect sense to fellows with the deep pockets. If $30 in value is proven up then why not pay $20 a share to get it.

We are a long way from proving up the deposit and it will take many weeks of drilling to do so.

Still can't help thinking that one or more of the tire kickers have enough geologists on staff to be making some well informed guesses. IF they guess HUGE then they might just pickup 9.9% on the quiet. They would likely be willing to pay more than the average investor or investment house too.

 

 

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