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: The market
26
Jul 03, 2008 11:37AM

The market wants to see results....numbers.....even encouraging visuals would be nice

The market seems to be telling us maybe the 43-101 won't be what people are expecting.....that maybe the value of the Chrome isn't worth what they are spending on drilling it.....that what the area plays are finding has yet to add any value....that current drilling is not turning up anything spectacular, nothing worthy of an announcement....that perhaps they are burning through the money with the current drilling and adding no value...that a bit of visual gold means nothing......that's not me saying that....that's what the market is saying, as our market cap drifts lower each day

Will the interview next week be able to tell the market any different? Will they be able to provide information with respect to the 43-101, update us on drill results, update us on the drilling, give us some exciting visuals, explain the value added with Eagle 2.....or will they tell us to wait more and be patient...cause that won't help the share price

Maybe they will try to create some excitement by updating us on their current drilling plans and the plans of some of the area players and JV partners....that may create some short lived excitement perhaps..but, I think it will all come down to numbers

We can get excited over RN's reassurance.....the market though doesn't seem to excite quite so easily...and from where I'm sitting, the market seems to be in charge....we are at the mercy of the market

So...pleasing us is one thing....but, by pleasing the market, we will all be pleased...lets hope the interview is pleasing to the market

I expect to be buying more tomorrow....cause even if the market doesn't believe yet...I do





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Jul 03, 2008 10:28PM
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