OK, enough is enough

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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Francis Dube

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OK, enough is enough

posted on Sep 09, 2008 06:47AM

This is pure manipulation, fear in the market place, technical trading and nothing more. Consider this possibility:

Some of our management are at a gold conference this week. Windfall ramp is near zone 100, we have over 200 holes drilled at windfall, we will soon be able to get a good idea of a resource there, possibly a 43-101 before Chrismas...Now we all know we may get 20-40M from 25K ton bulk sampling but what if we turned around and sold windfall out right to a gold major. If we can get 20-40M for 25k tons, how much could the mine produce? How much could we get for this great asset of ours? Selling Windfall for 250M is not impossible!!! Then we are sitting on enough money to explore and start the ball rolling to get production from ROF!!! This is one scenario and they are others but this just goes to show how ridiculous our valuation currently is.