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: The NR... Yes, things are certainly starting to line up.
25
Nov 02, 2009 12:56PM

Hey Herb, ramble on cause you make sense to me and I'll bet to most here.
Also do not call it rambling - you are too polite, call it wishful thinking. Nothing wrong with wishing and as long as you wish the company will be only playing catch up to your wishes. Thought is instantaneous but to realize that thought takes time, hard work, patience and cash.
And I am as greedy as they come, who is not?
Enough of Philosophy 10. ( I do ramble on at times)

To all the rest on forum:
As for finding that weak spot in the crust, I am also betting that the intrusion, or intrusions ( they may not have happened at once but repeatedly over time ) of 'lenses A,B and C are not the end but a begining. That matter did not materialize out of thin air. It flowed in from underneath and there is a very good likelyhood per previous posts of a D and perhaps a mother well that we might call E. However D and that E are much deeper and it is a question of whether it would be practical to drill that deep to find even one of them.

The first phase of infrustructure study is to be completed by end of 2010Q1, so expect some financing to be done shortly after and some major decisions made about future progress.
As stated, 2010Q4 is for completion of infrastructure study and probably of feasability study. By that time another round of financing and more grandiose activity.
They may even attempt to aquire or join with one or more other plays in the RofF if the FWR deal falls through.
They do plan ahead and in good time.

Sorry Traderguy, per my comments above, I think you are out to lunch with the posturing idea. This company is in for the long haul and only will take a buyout if it is worth while and I mean Worth While ( perhaps a partnership with a major).
Ed.

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