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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Yes! I read that as well. Based on many (a few I can at least recall some central points on) previous take overs or buy outs and the like there have been cases where a Major Investment firm such as JP Morgan have represented both sides of a major deal. Legal, Professional, and Incentive considerations go a good ways toward allowing it to be beneficial and competitive to the Auctioned Company. There are way to many other considerations that I could make reference to as well but thay may cause too much speculation that ultimately will be far more distracting than being constructive. So, what else can I say that is well with in reason. Expect the next PP (though strictly speaking one is not needed for some good time to come based on burn rate speculation) to be directed to a significant Chosen alliance partner. Such an allied partner will have an advantage early on in an Auction but what ever advantage initially gained will have to be made accessible to other proven contenders to demonstrate a level playing field in actual bidding. Should another Major (or more properly another bidder)have an equal or greater number of shares etc. then the other bidder would have that to their advantage. Break fees should NOT be a factor but one never knows, especially at this stage. It should be a straight out AUCTION as it involves newly created assets. Even National Security matters should NOT be a limiting factor on eventual winner success. Make up of the compensation offer should be the prime consideration (cash, shares, Royalty etc. or combinations there of). Lots to think of when that time eventually arrives. For now, it should be MAXing the Present SP. I got to stop now. Otherwise it will be rambling on and on and.... Old Joe
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