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: Face the Fact

I worry about that as well, and in addition , that scenario preceded by a large private placement, followed shortly thereafter by a huge number of options being offered to existing management , who will then support the abysmal premium offer a few weeks after a white knight fails to appear. Having filled their boots with cheap options, they will feign empathy with the longstanding shareholders , having chastised the initial hostile offer. And the "perfect" scenario would include the utilization of any cash in the coffers (prior to the PP) be utilized to "advance" some obscure property in the portfolio (one that has been dormant for years, which has no chance of being monetized in the near future, and whose development will not result in an increase in the premium offered)...Who has got our back??...

...but where else in the markets does one otherwise stand a chance to profit? These days I am increasingly worried about maintaining wealth {through the purchase of physical bullion (silver)} than increasing the value of my paper financial assets ...

Cheers, luker

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