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: What are we waiting for, and why?

What are we waiting for, and why?

posted on Jul 03, 2008 09:31AM

Old news updates--- mid term updates--- new updates....

1)Results of drilling on Lizar property (JV with Freeweest)

6 holes drilled last Sept no update. Other than I asked one poster who was going to speak with Richard to get an update(sorry cannot remember who) response was yes there is something their but nothing substantial. WHY was there no news release?

2)Results from Rhodium testing on all holes other than what we got back on holes 1-2-5. This from Dec- Jan. Surely after 6-7 months we should have heard something.WHY NOT?

3)Update on China project-supposed to be April- May according to one poster who spoke with Richard back in the winter.WHY no update.

4)Wasserman Morris coverage initiated Dec paid for by a third party.Did we ever find out who this was.not that I recall.Last update from them was early FEB. Nothing since, WHY. Especially considering Eagle 2 has landed as well as the huge Chromite finds.

5)Still waiting for assay results from I can't remeber when. WHY.

6) Samples from April onward were to be sent to new lab in TBay and on to ACT Labs in Ancaster.With much improved turn around times(Seeing as we paid for this new service in an around about way) WHY has this not materialized,

7)Updates from the field were a regular occurence up until Eagle two landed, Since then we are receiving very little information from the field.Even though we have three drills a turning. WHY?

I have read numerous posts from numerous posters as to why.

But it certainly would be nice to know the real reason as to WHY.

As far as the share price drop, well once again I have read numerous posts on WHY.With MM's being the number one reason. This may be true to some extent. but I believe, because of the lack of news( we should have received by now)the lustre of our shinning stock is tarnished, and the only way this is going to improve is if we start getting our news(the right news) in a more timely fashion.

Tks RR



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