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: Some year end ramblings...and venting
28
Dec 31, 2009 04:42PM

vermillion you touch on a concept that I have often thought about especially during the recession and NOT's low in 2008. I often think that there is a clear and calculated strategy to promote NOT so it is known but not to much at least not until there can be a sustained higher value, to ensure any attempted takeover will be at fare value. I would suggest FWR is a perfect example of what the NOT BOD's does not want to see. The White-Knight suitor wants to take FWR out for peanuts while admitting their purchase will be worth 1.5 billion per year and represent 43% of their yearly revenue. This is just unbelievable. Hence I just can't help but to believe that when the White-Knight suitor comes for NOT the BOD's are going to hold out for a real deal.

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