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: new player @ mcfaulds -Aurora Platinum
NOT too sure of FNX and Aurora being in the Mc Fauld's area based on that article. Timmins is ~500km South of the Mc Fauld's area. With recent dealings and new staking there may well be a possability? But as for your interest in the goings on of Xstrata, take a read on this Bloomberg news Article. May it have connection with what you were bringing to the Forum over the last week. It suggests that they are most definitely out to make deals, and of any kind that have potential. Noront has plenty of potential. JP Morgan is/would definitely a very significant common denominator. Wonder what the morning here in North America will do with this news. To all the complainers with nothing else to post but your complaints, YOU MAY READ IT AS WELL. Xstrata in `Ongoing' Talks, Including About Mergers (Update1) By Brett Foley Dec. 12 (Bloomberg) -- Xstrata Plc, the world's biggest exporter of coal used by power plants, said it's in talks with a ``number of parties'' on issues including mergers. The ``ongoing interaction'' covers ``a range of topics of mutual interest such as industry consolidation,'' the Zug, Switzerland-based company said today in a statement distributed by the Regulatory News Service. Xstrata is ``the most perfectly positioned'' company to benefit from consolidation among mining companies, Xstrata Chief Executive Officer Mick Davis said Dec. 6. Last month, BHP Billiton Ltd., the world' largest miner, made a three-for-one all-share offer for London-based Rio Tinto Group, which Rio's board rejected as too low. Davis has expanded Xstrata's copper and nickel mining capacity through acquisitions including the $18.1 billion purchase of Canada's Falconbridge Ltd. last year. Xstrata asked advisers Deutsche Bank AG and JPMorgan Cazenove Ltd. to take any interested suitors ``seriously,'' the Financial Times said yesterday. Cia. Vale do Rio Doce, the world's largest iron-ore miner, hired bankers to consider an offer for Xstrata, the London-based Times said last week. Xstrata is 35 percent-owned by Baar, Switzerland-based Glencore International AG, the world's largest commodity trader. To contact the reporter on this story: Brett Foley in London at bfoley8@bloomberg.net
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