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: Re: What do these resluts mean to a lay person

The good news was we hit a good core.

The other 14 holes didn't hit. (not uncommon)

The less than great news is this land is optioned from another mining company. That being the case the extent of the mine and its valuation may well be affected due to the responsibilities and requirements (maybe) to aquire further optioned land from these same companies in order to pursue this find.

In the end. It's good news. If NOT had full ownership it would be extremely good news. If more than one hole had assays of the same quality it would be excellent news.

I expect little difference in the stock price from it. It shouldn't hurt us and will hopefully drive us up a bit once its digested by the investment community.

Either way...hold those shares and keep the stop loss off (unless you want your shares picked off by the manipulators). Manipulation is the second name for this stock. A lot of it happening.

MM

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