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: GBR interview with Al Coutts

And why would they, ya know? Managements job is to do what's best for the company and it's shareholders. Many here believe what's best is going balls to the wall even in times of bloodshed like the last few years. These types of investors are looking for pennies not dollars. I mean, lets propose a $50 million exploration budget for fun. Today, it would cost us 100 million + shares through financing, a year ago 200 million shares. In a year from now it could cost us 25 to 50 million shares......you decide what's better for shareholders....truly better.

I wouldn't personally finance an exploration budget today, without infrastructure being a lock. The only people that would are people that could benefit from the little pop it would give to the SP, ie: small investors. Ones that could actually sell the shares. How would anyone propose someone financing us for $50 million (100 million or so shares)? What would be in it for this financer? So the SP would go from it's current $0.40 cents to maybe $0.60 or $0.70 or $0.80 cents......then what? It's not like you can unload 100 million shares, you'd tank the stock and be back or lower then where you started. Until infrastructure is announced, it's all for not. So now this financer would be sitting on more shares that are illiquid.

You watch what happens if and when infrastructure is announced. Financers will have to take a number. All in good time my friends. Have a good one.

djje

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