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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I beleive they probably have an idea of the tonnage and grade of the deposit. They mention in today's  report the following

Cu-PGE deposits. At this point, the Eagle One mineralization has an approximate 200m plunge length, up to a 200m dip length, and a variable thickness from less than 10m to approximately 75m. The 35 holes drilled to date have provided a reasonable first pass documentation of Eagle One from which we will make a revised estimate of the potential resource.

This is why they bought some shares today after the report was made public. IMHO

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