Re: 3 things and more

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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summit1

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Re: 3 things and more

in response to

3 things and more

From_Sudbury

posted on Aug 20, 2008 11:00AM

I think that you are right Sudbury.

The company probably has a lot of good news waiting to be delivered when they think it will have the most impact for our SP and also when they may wish to have a higher SP if either dealing for a partnership, JV or wishing to do a PP. It would seem wise to hold on to this info until they need a bump in SP.

It would likely be to our advantage to have the news released in a more favourable market condition (a month or so from now) as it will probably give a much larger impact and jump in price than if released at this time.

The news would also likely have more impact after a few other favourable news releases from some of the other ROF operators have helped set the stage and possibly get the SPs all heading a bit higher.

It may be ( in light of recent events and some new discoveries) that once the market gets turned around and organized a bit that we could see the NOT SP in the $50+ range probably within the next 6 months or so.