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)

Free
Message: Contol is the only game in town

Contol is the only game in town

posted on Feb 26, 2010 12:33AM

A few points

First, what are we doing drilling up there without formal agreements in place....spending 10's of millions of $$ only for it to lead to this....what is this....this is nothing....some little squable made into something big and for what purpose......the game here is to keep the stock price down.....that is it...that is the only game in town.

I warned you people months ago about how the ultimate goal of this team is to control a majority of the shares. When they get their shares, we will be ready to move on.

In the meantime, they decided to stop drilling way early before Christmas....they made sure to inform us of that (stockprice negative....this followed the little mishaps with the halt which was major stockprice negative). It has been suggested on here that they need to stop drilling in order to complete the 43-101. I believe they did the same for the original 43-101 on eagle 1 and also for the BB deposits 43-101's as well. The fact that this blockade thing developed at this time is...welll.....quite the coincidence.

The other thing....I believe it was Nakinagirl ....was mentioning there's lots of work going on in the area....clearing brush and such....so it's not that all activities have ceased.

Another thing is the olympics....as long as the world is watching, I don't think the government needs any major mishaps....so let the natives do their posturing for now. At the end of the day, there's going to be some compromises made and business will move on. I don't believe for one second that these companies and our government are going to stand by and let these native groups call all the shots.

Which brings us to another point. Cliffs is an American company that is attempting to make their chrome minable at the expense of other Canadian companies including NOT who have spent millions proving up their chrome finds. I don't think they will get off that easily. At the very least, I think they will be forced/required to take control of all the chrome deposits and pay up something in return.

First they stop drilling like a couple weeks before Christmas....since then all they seem to talk about is this blockade with their TV and Radio interviews.....no other news for people to ponder over....so people just go on and on and on and on and on and on and on and on and on about this blockade. In the meantime, whatever shares they can't pick up on the open market to get their control, they will issue to themselves in the form of stock options.

A few questions to ponder over:

How long have they had 1500 meter drills on site. Hole 49 was a verticle hole, which brought the deposit down to 1000 meters. Why have they not drilled a verticle hole with one of these 1500 meter drills. Now there is a holdup in the 2500 meter drills. Does it not seem they are dragging this out? For what purpose? Same question for FNC....why have they not drilled a deep hole on their border? It's been like 2 years....they've drill some holes....but no deep holes....after all this talk that they are sitting over the mother load.....can anybody explain all the stalling? Perhaps its all about waiting for the right market to deliver. Perhaps its stalling knowing that many will lose patience and move on.

And no news yet on AT-12 since ...what ...the fall

Games, games, games, games, games

Share
New Message
Please login to post a reply