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)

Free
Message: Rumour!

Don, in all respect to PNP as a major shareholder, they are doing far worse in this market than NOT. Assuming the pressure so called or rumour were from PNP, it will turn out to be a pile of ... . Any input that our shareholders wish to provide to RN seems to be openly received. RN has done a masterful job navigating in these shark infested financial waters. Having said that, I have also alluded in my earlier posts to the potential necessity of acting early to bring Windfall to greater potential and spinning it off . That is a way of avoiding the dilution that the cartel of major mining outfits will inflict on NOT if we try to reach for too many brass rings at a time that funding becomes limited. Windfall may need to go a little early if we want to realize the potential of McFaulds. I would however favour holding a major position in Windfall if a major and serious development partner can be found. Also, RN is a huge shareholder and I cannot imagine him entrusting his fortune to a PNP or a Sprott who are not operators. Nor can I imagine him selling his stake to them at $3.00. I think this rumour is simply the dubious product of overactive and frustrated minds as it presents an ultimate dilution scenario that is the worst possible for small shareholders.

Share
New Message
Please login to post a reply