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)

Free
Message: News - Reading Between the Lines - It's Good!!!

"I hate to say this, but until NOT can regain some value on it's own in today’s market environment, let's keep drilling and building results to produce that chromite 43-101. Let’s produce a much better value while under the radar. I’m beginning to think the less that is made public the better, especially if individual assays are barn burning results."

You may be describing exactly what the BOD is doing. In fact they may be wishing the Agoracom folks would pipe down so as not to blow the cover. Imagine that, contrary to what a lot of us have said, the BOD is actually working to maximize value for investors, including softening info. on WL so that we are more of a mystery than a takeout target. Having said that, if we are approached with offers before we are ready, it really is a matter of resolve to simply say to the investors, we are worth far more and we reject this offer. It is better not to arrive at that place yet but it is an option should it happen. I'm not interested in selling for 2.50. Do we think the balance of shareholders would be? As a shareholder group, knowing the tremendous potential for value in this company, I'm relatively certain that the majority of shareholders, having stayed the course thus far, would wait for greater profit. As has been said many times, this find is of outstanding world class proportions. We don't have definitive stats to validate this for a major perhaps, but there is so much smoke coming through the woods, it's not likely a Scouts weinie roast.

Share
New Message
Please login to post a reply