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: More of the same?

More of the same?

posted on Apr 08, 2008 06:08AM
So thanks to QQ for her efforts again.  For me, however, these reports of meetings etc. are rather nebulous as to their immediate significance.  There is no question they are important, but I don't think they will impact much in the short term, outside of any significant N.R.s that come out of these meetings regarding new alliances etc..  Most of this seems like longer term maneuvering  if anyone was hoping for something immediate.  If the warrants go through, as I would expect, without any movement in the SP, it would be an indicator as to the commitment of those investors, but leaves a wide gap between their price/present value and the evaluation of NOT at $7, which it can't seem to hold yet.  I think it will still take movement of the sp due to N.R.'s that people can understand to make this stock move, but that is something I think most posters already accept.  R.N. alluded to a string of N.R.s that would be coming before the warrant expiry date.  Will they still come, or have priorities/circumstances changed again?  This is not a negative reflection on R.N., it's just how it goes.  Again, we wait to see.
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