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: MD&A for the 3 months ended March31/15

"On May 22, 2015, the Company received a Regional Exploration Permit from the provincial government and will consider further exploration opportunities as available financing allows"

So they are seriously considering exploration at this time.

I am surprised and at the same time disappointed because imho the company should be saving it's monetary energies on construction of the Eagle mine.

Could it be that if things are further delayed this is a fall back position to maintain share value.

If so then cudos to company for hedging it's bets. Ed.

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Jun 02, 2015 01:53PM
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