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: Old drill results from 2005

I am not suggesting they are delaying the results. But while they await  return of the Assays from the lab they can get on with dealing with the many other moving parts.  There is also a 'first things first' factor.  Do what is within your control and cope with what is NOT.

We know the assay results are close at hand and the anticipation is excellent.

Having the legalities all in place is as much if not more important than getting assay results back before they are ready. The labs can work only so fast and security of material as well as data is most important . Finalizing proposed JV's is of considerable importance around now as well, as they need to get actual work plans for Janurary in place before Christmas if they want to be out and at it first thing in 2008.

Consolation in place of Happy! Will that be OK.

Old Joe

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