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: I hate to say this but

I hate to say this but

posted on Jul 04, 2008 05:18AM

this is dissapointing news. When you add it all up, we are looking at 1.6B dollar deposit for Eagle 1 as opposed to 5.6B as reported by Genuity...they have some explaining to do in my book. I do not have a lot of time this am but I will be looking for everyone's feedback on this. I think the prospects long term are still very good, but this is dissapointing news in my opinion.

Glorieux

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