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: my action towards PP + options
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my action towards PP + options

posted on Oct 30, 2008 08:57AM


Let say there is a 20% + 10% warrant dilution because of PP.

And this is something we do not like,

and follow by another 5-10% option for the directors and management, there again is something we do not want to give to the new BOD..

but we are difficult to launch a fight on this , PP will be needed in less than half a year in order for us to move to the next level, by that time I hope the news /assays may bring our share price to cad 2.50..

total revenue PP + warrant we may get around 50-60 million..

What we can do now?

Join the Gloriuex plan ( object the pp / options to be placed in the near future) +

buy another 30% more shares before the price goes up..( as for me , I have almost dried up my cash ) ..



BH

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