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: My thoughts on yesterday's News Release

My thoughts on yesterday's News Release

posted on Feb 20, 2008 04:18AM

This will be brief, but I figure the addition of rhodium and friends have added about 40% to our In-Situe Value. At a 30% In Situe Value for a buyout, that has increased our SP by 12%. The Market did not respond in Kind but it will once it does its due diligence. On top of that, it seriously increased our chances that the McFaulds area was caused by a meteor. You can refer to two posts ago by myself for a scientific article on how to prove an area is from a meteor strike. The rich Chromium deposits discovered by SPQ along with our PGE are both considered markers for meteor strikes. Now the fact that these discoveries are miles apart literally means we are dealing with a very large meteor which again is good news for use since we own so much land. Keep looking at the big picture people!!

Glorieux

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