Re: Barn Burner of a Week!!!!

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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sag4tag

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Re: Barn Burner of a Week!!!!

in response to

Barn Burner of a Week!!!!

lethalgal

posted on Mar 30, 2008 08:23AM

Lethalgal

I'm still not sure NOT needed or wanted the warrants executed for the money. I think it is possible they wanted them accelerated to get them out of the way. I also say this as a possibility so that if news does not come out this week, and no barn burner happens, people don't fret over the lack of news.

Either scenario is still a win win for NOT. They can have the warrants executed and guarantee money in the bank, or they can set a new PP in the future using these same #'s of shares or more(this 10 % buy in possibility by a major).