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: who really benefits
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Nov 21, 2013 02:59PM
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Nov 21, 2013 03:28PM

Fossil....at .10 we're looking at about 4,000,000 shares for one quarterly interest payment and at .01 we could be giving up 40,000,000 shares for each interest payment.

This would also allow for a huge increase of available stock for stock options....maybe management will do us a big favor then and pay themselves in shares, rather than cash.

What is to stop this from getting to .10 or .01 for that matter.

One thing is for certain....somebody wants this stock price down...more...and there is nothing you or me can do about it.

Another thing....a sad thing actually... that is for certain....this managment team can't/won't do anything about it as well.

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Nov 21, 2013 06:14PM
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Nov 21, 2013 06:19PM
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