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: Crazydik
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Oct 29, 2008 04:35AM
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Oct 29, 2008 04:44AM
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Oct 29, 2008 04:50AM

Re: Crazydik

in response to by
posted on Oct 29, 2008 05:32AM

I interpretted Crazydiks post to say he was now looking for an exit point from this investment. Sad that it has come to this point after 18 years. However, most investors get into a stock with certain goals in mind that may get changed as information becomes available. The loss of Richard and his replacement by the new BOD represents the defining moment for Crazydik. I don't think anyone will get out at this point knowing we have a valuable resource and knowing the global markets for our resource are at extremely low levels. The new board certainly doesn't see this as an exit point and will be focused on increasing share value. But having said that, savvy investors here question their motives and long term strategy and rightfully so. In my opinion, we all need to collectively keep an eye out for signals from the new body and plan our own exit points so we don't get burned. We will need the opinion of people like Crazydik to decipher and evaluate corporate activity that points to a reduced concentration on building resource and value. I hope he continues to contribute.

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Oct 29, 2008 05:39AM
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Oct 29, 2008 07:06AM
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