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: thanks crazydik - Hoov
17
Feb 17, 2009 02:40PM
26
Feb 17, 2009 03:05PM

Hey Hoov,

I agree with your comments; however, this was not an interview to reveal news. This was clearly an interview because these guys are feeling pressure from the stockholders to deliver the goods, when the goods are not yet ready to be delivered.

Of course you should pay attention. It would be folly not to keep a close eye on those who are handling your hard earned cash. But at the same time, to insist on news when there are no results ready serves little purpose other than to inflate expectations and create an untenable burden on those trying to get the job done.

I did not get condescension from their tone. What I think I heard was resolve to handle matters in the way they believe is required without bending to the wailings of impatient shareholders (for the record, I count myself among those who succumb from time to time to such wailings).

I have a quite significant stake in the success of this company, and if I saw evidence of malfeasance, you would hear me bellowing from the rooftops; however, other than the anticipated share grab, and the tight lipped new modus operandi, I have not seen anything that causes concern.

Not yet, anyways.

Because I enjoy the occasional game of playing with numbers, I note that todays "sell off" amounted to approximately 1/3 of 1% of our outstanding float. Manipulation? Probably, but I think that we are big enough to handle this type of nonsense.

On a completely selfish note, as I have waited on the TSFA until now, I intend to transfer some of my NOT holdings at this lovely reduced valuation. I then intend to giggle like an insane person when the we have lift off.

Until then, I shall snooze. Big surprise.

ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ...

Wake me up at $20.00

crazydik



11
Feb 17, 2009 08:58PM
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