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: Comments about N.R.s

Comments about N.R.s

posted on Sep 14, 2009 10:46PM

Interesting to reflect on statements that the sp would move back to 2.80 to serve as a base from which to boost off of owing to the pp's entry. Doesn't appear to be happening at the moment....not that it's a done deal yet....just looking unlikely.

"News won't come out until they've done the tour so they can get in at low prices"....doesn't this seem a little surreal a way of thinking... to say nothing of the fact that some of these groups don't look at you if you're not TSX big board. So these groups don't even know us yet so why would our BOD do them any favours? What would they expect in return? Some of these groups don't even enter until a stock is above $5.... so what would we be waiting for? But perhaps that's the next announcement...TSX? That would be more likely. Wouldn't it be wise to anounce it this week to stoke the furnace? But then how could NOT time the N.R. of a move to the TSX to land at the same time as the dog and pony show if they didn't have it already? They surely couldn't hold back that news if they had it already as the TSX would know they were withholding info...... unless they just received it and it was to come out this week.

I think a lot of assuming goes on about just how in control of time and data the BOD is. I would submit that much doesn't go the way they would like. To be that in control would mean to have a lot of data from a long period of drilling, which was all stellar, which you were able to withhold until you got all of your meetings in order, which you'd have to successfully avoid being queried for due to unusual trading etc. etc. Is it reasonable to assume that this is what is happening? If so you'll have your answer next week, or not. Wouldn't it seem just a little slimy for news to matter of factly come out next week? I would think an additional week would be an appropriate distance to put in between.

But hold the fort. Everyone is thinking that it won't be until next week before news. If next week, then why the heavy attack today? Market wasn't particularly down. People thought that the overseas would wreak havoc here but it didn't. So why the big attack. Could it be that the players indeed do know the probable timing for a release and a series of NRs will be coming shortly, starting with the TSX listing...this week?

I don't know.....does anyone here know?

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