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: Office and Warrants

Apr 11, 2008 06:33AM
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Apr 11, 2008 06:36AM
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Apr 11, 2008 06:47AM
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Apr 11, 2008 06:49AM

You are a treasure QQ girl. Great news ! We won't hold you to the exact number but just getting the rough information is terrific. That means Richard and company was able to convince most holders to exercise their warrants.

$5 X 3,250,000 warrants was a max of $16,250,000. If QQ's source indicated $12 to $14 million was raised that means 74 - 86% were exercised. That is really exciting since the share price is only minimally over the exercise price.

If the warrant holders are that satisfied then this is a great buying opportunity as the good news must be coming shortly.

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Apr 11, 2008 06:56AM
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Apr 11, 2008 07:03AM
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Apr 11, 2008 08:27AM
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