Re: Hey Vern, chew on this for a bit... Herb

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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Boatboy

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Re: Hey Vern, chew on this for a bit... Herb

in response to

Hey Vern, chew on this for a bit...

herbertwiebe

posted on Nov 12, 2007 04:46AM

there has been a lot of talk of splitting NOT. It makes sense BUt why does everyone assume 1 for 1. One of the perceived problems with the non-DE Not was that there was too may shares O/S to be of interest to the big boys. It is possible to split off on a 1 for anything basis, 1 for 4 would get us back down to 30M shares at say $4 assuming the non-DE value in today's price is $1.00. We could still have the 120M share related to DE (possibly)