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: Half year gone: summary of ROF cos

Half year gone: summary of ROF cos

posted on Jun 30, 2009 08:41PM

Not: still the flagship.. still wait and see how the new BOD perform

FWR: done its best .. with Cliff... but SP down

FNC: disaster..does not know what Peter are doing ..a less than 200,000PP classified oversubscribe

PRB : hope is the " word" ..surprise to see that sp better than FWR

SPQ: almost a disaster..almost 4 months still cannot finish the PP

KWG: Cliff there, hope Cliff to take over

UC: insider buying but more words than action

NRN: shoot up at the last moment..???

WSR: almost forget it is there ..not much action

BMK TME retreat completely from ROF

This coming half year ,total capital spending may be around ( 10m+5m+ 2m+ 3+ 3+the rest 5 m= 28 m ) for ROF..

I predict not much action till October/ November when the drill result coming from the summer drills

The pioneers like RN , NN and J Harvey all shine away..most of us are still here ..anybody still remember the cover page of RN and John in June/July last year edition

I hope someone has money to average down their investment , but not me..anyway

Have a Nice Canada day..enjoy the sun and firecrackers..

Bernard

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