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: Are we not waiting for a feasability study too?

Be careful that you don't use this board as a means of determining what is happening with sentiment and with what is said and done by management. Its a great place to find places to do DD and to get news as so many are looking for something positive or negative. You have to follow up on everything that is said with your own DD to weed out the truth. In this age you can't even take the evening news as truth anymore. I do concur with you about the people want drill results to trade as they can't stand to see a loss or SP to be stagnent. We all want the high of the continuous SP rise. Some of us want to continue towards a mine for long lasting share value, some want good exploration results for quick SP jumps. A little of both is perfect. It all costs money to do and we haven't been as lucky with the drilling as we all hoped. The derisking of the mine seems to be moving along the best. A feasibility study must be done to derisk the project and to finance the mine. We can then move on to the enviormental studies which should make buyers and financers for the company participate. That will drive the SP to the highs most wish for. The complainers will have left at their break even and the rest can make the money we deseve for our wait. Of course I will be blamed for attempting to make others lose money from lost oppertunities but feel free to make up your own mind and not to use a stupid anonymous bullboard poster for your important financial decisions.

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