Not sure about market reaction to increased bid...

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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diamondj

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Not sure about market reaction to increased bid...

posted on Nov 30, 2009 09:20AM

I must say though I am not that happy about increasing offer. Some believed that the 4:1 was to generous, now we are going down an expensive road. It's like an auction for a piece of art (some see art some see investment) we are waving our paddle and getting caught up in the process. I have faith in the BOD they know what they doing, I would have liked them to increase our shareholder value first then make offers from an incresed market cap point and proven resource (2-43-101's). Just my opinion,