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: Boiled Carrots & Taters-cinema show
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Jul 17, 2013 02:32AM
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Jul 17, 2013 07:07AM
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Jul 17, 2013 10:02AM
CS:..... IMO you are correct, particularly re dilution). Essentially my main concern is that the recent MD&A update indicates that the financing is not yet done (I wouldn't finance either, if / until the Ontario govt commits funding of infastructure). This leads to another winter road purchase/movement of equipment/supplies etc necessary to start / build ramp/ camp/fuel necessary to (using prepermitting authorizations) meet the published FS timetable. I repeat: three winters of construction are needed to mine by q4, 2016. The recent md&a reads that this target is/has been missed. This means that the mine build is NOT on schedule as assured recently by management. I hope I'm wrong. Peter
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Jul 18, 2013 09:56PM
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Jul 18, 2013 10:53PM
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