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: Note from a master educator

Note from a master educator

posted on Jan 09, 2008 02:59PM

I post this info found on Jim Sinclair's website (he is the master educator not me), certainly seems to be a good day to share:

Question to Jim:

"My question deals with the potential of the juniors. There seems to be a consensus that a vast majority of juniors will never make it to the mining stage. In fact I read yesterday where someone said the ratio is 1 in 1000. With where you see the price of gold going ($1650) what kind of ratio do you see? Also, if they don't mine do they get sold and a larger entity takes them to mining or do they just fold up their tent? I know it would be just an opinion but I value it."

Jims Answer:

"To answer your question, the bottom line is that you have to have a combination of great properties and good people. Good people with no underlying assets are nice guys/gals going nowhere. Bad people with good properties is a break even situation at best. Good people with great properties are shots to the Moon as we move towards 2011."

I feel that we have great people & great properties, so I will be saying hello to the moon as we pass by. Patience is definately needed, just sit back and let our great people be great.

Long NOT - Long McFaulds

Cheers to all!

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