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: One good hole won't do the trick

One good hole won't do the trick

posted on Jan 19, 2009 10:59AM

No question it will help our share price BUT now there is some history to look back on and investors are going to be suspicious that any one hole might well be a fluke and not indicative of a 'large' ore body.

Fingers got burned over E1 turning out to be smaller than anticipated and it's hard to see that we'll see the same degree of speculative interest quite so early on.

A boring steady progress of exploration and developing of rich, economic deposits would suit me just fine after the past roller coaster ride. Indications are that new Management isn't going to 'jump the gun' and promote like mad until they can definatively state what is found.

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