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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Though in an exploration environment such as the "Ring of Fire" amount of land is an important factor (as there are always unknown unknowns) the best properties were those staked several years ago. Thus, you need to attach a discount factor to the newly staked claims. What the discount factor should be is yet another unknown! And though being unknown more will be known with time. Thus guide your prepetual DD accordingly.

Old Joe

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