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: Re: NOT the Unicorn-Sum4All/Geo
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Oct 26, 2008 07:49AM
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Oct 26, 2008 10:21AM

"With all due respect, IMO we are a long, long way from where Diamond Fields was when they "came into play".......indicated open pit tonnage of 30+M and high Ni+Cu grades. OK, now once we outline a significant indicated chrome ore resource and additional Ni/Cu ore, then a major or majors may make a definitive move if a combined resource is attractive enough. Plus, the land ownership situation at McFaulds is a lot more complicated....all the more reason for some kind of property consolidation or pooling, once more drilling has been done to further define the total resource potential."

Agreed. My real thrust is that times, economies, company makeup are very different and so to expect a parallel rise in sp is not very likely. 43-101's likewise put the damper on speculative hikes in sp creating rocket rises. NOT will cut it's own path and I'm sure the sp movement will be equally distinctive. The end result should still be a healthy sp should we survive the market forces.

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