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: From NOT

From NOT

posted on Jun 20, 2008 08:12AM

Well the office appears to be keeping abreast of what posters are saying from Agoricom.

I asked about R.N.s selling of shares and firstly, the response was that these represent a miniscule no. of the shares he has as he has millions. He is obviously not allowed to trade on insider information therefore his sells are not based on any material news. I posed that it could be an indication that no news is coming. The response was that he would not be selling on knowledge of whether news was coming or not and that his sells are based on personal reasons not on information material to the sp. They are very happy about the new staff and feel that that is a strong indication as to where this company is going. Thoughts about the sp are that the market is bad and that there is less going on with the "dark side" than people are imagining. I also posed that the delay in assays is due to re-assays given that the NI reports were greater than 1%. She basically said that would be nice if that were the case. An answer I would expect. She "thinks" the lab is fully functional but didn't express this as a certainty. She still maintains that news will go out as they receive it. (Not likely to be today if anyone was waiting).

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