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: Hold period on shares of PP

Hold period on shares of PP

posted on Feb 04, 2008 06:41AM

If there was a mention of a hold period before trading of shares issued under the pp I missed it. That is when you say, OK now you can't trade these shares for, say three months. This prevents someone taking a fast profit available due to the discount from market pricing the deal was done at.

It will be nice to know who bought this deal because the stronger the party the less inclined to play games with shorting etc. to make that bit more on the transaction.

By the way I'm still looking forward to visuals on the last two weeks of drilling. No reason to hold this back and if they are great then they are oblicated to release in a timely manner.

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