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: Gold now at 887, up more than $105 today!!!!!!!!!!!!!!!...

Thanks Millsy,

you just proved the point I was trying to make. You would refuse 100% of our market cap for 50% of our "small" project. The one that gets no attention. Now with gold flying, Windfall may become a little more mainstream. Back though to being way undervalued. So if you would refuse 200M for 50% of Windfall, then all of Windfall may be worth 500M from a major buying it outright? that would be about $3.80 just for Windfall-$2 more per share than our current market cap. Then what value do you put on our MAIN project? Would $10.00 per share sound right-1.3Billion? In my opinion it should be higher than that but if we had an offer tomorrow for $13.80 after everything the market has done to us, I believe many would accept it. For the record, I would not.

So again people, as hard as times have been, as low as our current SP is, do NOT belittle this great company. We still have the potential to be a $50 company and more-it is just hard to keep reminding ourselves of that after all the abuse we have taken. The post by Snezzer was good. The response was completly amazing. So keep the faith people. As gold had its day, we will have ours.

Cheers,

Glorieux

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Sep 18, 2008 05:04AM
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Sep 18, 2008 08:02AM
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