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: Stonecap

If there is percieved manipulation to bring the price down it could be to just get cash to buy into the big PP and financing of the shaft, iceroad and power for underground. It serves a duel purpose. More shares at a lower PP price and that is why the SP is kept low, dilution of retail who don't keep their % ownership up. As of now you need twice as many shares as you did when the first hit was made to keep your ownership. Some will wakeup one day and that 40000 shares they had bought at .60 will be only worth 1/4 of what they used to be. After the next PP, and we will get another financing, retail will need to buy even more. These guys are good at what they do and they will take our shares and then sell them to other retail at a higher price when the time comes. The SP will go up but he value is going to get stolen if people don't keep buying at the low SP. Holding for long times only works if you don't stop supporting the company to completion. I want the next one to be the last one and for it to be done at $2-3+. Screw the institutions that want it cheaper. Those who have stuck around can do that easy, if they can be convinced that its time.

Share
New Message
Please login to post a reply