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: Re: A Barn Burner next week?
43
Mar 28, 2008 07:32PM

I love the way you think Milsy1 , but I do not believe RN would put out the NR for the closing of the warrants. He is in it for the shareholder, and the less dilution the better for us. If anything try to avoid the exercising so that the shares not being purchased for $5.00 could be used in the future at a much higher cost. (Lets say $10.00+) I realize that it is hard to raise money for mining and exploration but when a company proves a very huge resource, it is hard to fall on deaf ears. Money will be raised as needed in the future whether through another pp at higher price or offer of a major to take on some of the company. (Just to disclose, I am not pumping just stating that if we can prove a huge resource, money will be easy to come by, RN will probably have to turn back many trying to get a piece.)

Phats

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