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: I posted this on SPQ couls also apply to NOT

I posted this on SPQ couls also apply to NOT

posted on Jan 07, 2008 08:03AM

Jan/Feb are going to be tough spells for all Mcfaulds plays, the turn around will come once  the drills get going and we see some new assay results. Not to state the obvious, the level of pain you can bear will all depend on the pricel you bought in at. For those who are suffering all I can say is nothing has significantly changed, the ore is in the ground (money in the bank) the crews are ready to start drilling and the management team is sound. There may be loads of rumours by bashers of the plays and, more significantly, management may need to make some serious decisions that could impact the SP. But in the long haul , if you can afford to hang in for 12-24 mos there is no question that we will see some tremendous results. I've been playing juniors for probably longer than most of you have been around and IMO the Mcfaulds play is one of the most significant strikes in mining history, and shareholders of all area plays will see the results, where it counts, in their bank accounts.

Please excuse the rambling but it had to be said

All of this of course is IMHO GLTA Longs

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