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: Warrant Acceleration one more time

The other minor concern is that some warranr holders may sell some NOT shares to be able to pay for their NOT warrants. This may put selling pressure on the SP between 25 and 30 days of the 30 day exercise period.

It may be a chance to get some relatively less expensive shares.

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