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Re: downsideup post# 109705

Saturday, 10/15/2011 2:23:20 AM

Saturday, October 15, 2011 2:23:20 AM

Post# of 165854
downsideup-"If you're lucky, in doing that,
and there is a large short position out there, the benefit for shareholders will be in large multiples... "
I don't disagree with what you say. I'm all for large multiples, and creating shareholder value, but I don't think a theoretical NSS that may or may not exist is going to be adding much value to the company immediately. We need to prove up what we have in the ground. What the company needs to succeed long-term is to have some very large valuations confirmed in a National Instrument 43-101 compliant mineral resource. Funding is the name of making that happen at this stage. When the approved 43-101 happens, multiple forces will be in play , including burning any shorts for all they're worth.
Easy