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: Just wondering
16
May 22, 2008 08:56AM
1
May 22, 2008 08:59AM

People have stated on this board that they can't legally keep information hidden and that is technically true. However, the discovery was properly announced with some growing pains as was experienced with the long halt and the release of visuals on E2. Now that the public knows that there is something of substance there and everyone has a chance to study the PRs and buy shares, the next release of information will be released to materially define how the property is structured, how it will be mined, how it will be valued. The company can use this information for as long as it takes to model the orebody, establish cutoff grades and do a 43-101. In my opinion, it may not be withholding information that would give someone an advantage or disadvantage to participate in the investment. Their staff are processing the data and judging from trades the last little while, no rumours are getting out.

Having said that, it is frustrating not getting the information on any new anomalies if in fact any have been drilled. I would appreciate the company issuing a PR stating what its plan is, what work it is doing and a timetable of possible results.

6
May 22, 2008 10:06AM
1
May 22, 2008 10:22AM
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