Ann: Further Massive Sulphides Intersected at Sherlock Bay, page-7

Can anyone comment on this 4 percent nickel figure measured by an xrf device at 400 or so metres depth? is this significant or could this be just a localized patch of nickel? that seems extremely bullish given they said they only needed a 15 percent increase in grade to dramatically improve the economic viability. they seem to practically stating that the all the factors are lining up for production with drill results and nickel price. i wonder if high nickel prices can be sustained as more suppliers are attracted to the market.

greg you get used to the market not responding to good news. i think there were high expectations that we would find more massive sulphides closer to surface.

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