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: My take

Some people on this forum are certain the game is over, others certain that it will stay public

My take:

-It won't be as simple as a pen stroke to get this passed. This is a major mining development, and in today's world it is clear the ROF has the minerals of the future. There is a process here. The Ontario Government has specifically highlighted this region in their plan to "Make Ontario Stronger" and to "Drive Prosperity"

-Federal budget is out April 7 - likely supporting the EV industry and securing a critical metal supply chain. Can you imagine this announcement on a day we give up the ROF to the foreign buyer? I could be wrong... but I can't. 

- I don't see a change in exchanges to accommodate a 14% retail following to be in the cards, or any version thereof... if something happens it will be a total deal shutdown

I don't know what the future holds, but from what I see... this isn't over. If a clean takeover was the goal, it wouldn't happen while the government is highlighting it's importance to our future as Canadians - it would have been when they were silent on the matter.

Keep the faith

- Dave 

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