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: 4.05

4.05

posted on Sep 20, 2007 07:17AM

I agree with what has been said before...

The top price included the expected assay as excellent from hole #5. When that assay is validated ( and I fully expect it will be) then we are back to the top price in a flash.

If that assay is better then expected, then we continue past the top.

Each subsequent hole that extends and/or verifies this deposit means another LARGE jump in price.

The return of an empty hole (and there will be more of these) - with no other news, may require a girding of the loins and a deep breath. I remember the geologist with ARU saying however, that if you don't get empty hole reports from a company during its exploration... RUN! That would mean there is something seriously wrong with the veracity of that company - as no drilling is on target all the time.

More fun ahead on the NOT train!

BK.

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