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: will they do a RS
4
Nov 01, 2012 05:53PM

"while the SP is so low and the OS are so many?

that is what makes me uneasy."

No one likes dilution, but have a look at what SPQ's OS was and what KWG's is if you think NOT is diluted. Also factor into the OS with what the resource estimates are and what the present sp is and note which way the sp will be heading once things are in place and the sp corrects to indicate true value. Also think about what it means to the sp when Wes says he expects that our present 11 year mine is likely double what the present estimates indicate when past drilling shows mineralization is open at depth.

12
Nov 01, 2012 09:55PM
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