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: Smart People

Nelito,

I have the same thoughts. IMHO they have discussed this amongst themselves.I am refering to Management and the inside crew.

I'm sure that was a slip of the tongue. But not an error of zeros added to the bottom line.

They have estimated that 700 million looks to be the mark at this stage but it is, of course, at this time, unsubstantiated.

I never believed for an instant that Nemis et al did not think this was a voisey bay. If thats the case how do you reconcile the 2 opposing statements.

1. Like VB or Sudbury

and

2. 7 million or even 70 million.

If management, as do I, feel that this is another hit similar to what I, management and others think it is, then those 2 statements with the numbers do not jive.

So it is either an average hit or a huge hit. By the way things are playing out and the way this play is being played tells me that 700 million was a slip of the tongue but its the true number rolling around in his mind.

I don't pump. Once I've done my dd. I just type what I think. Your question was no pump .......:)....Don

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