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: OT World Ecomonmics

I tend to agree with you but also know that every thing is just as fragile as usual. There is a good bit of cooperation internationally to keep the worst case synario from taking hold. My expectation is that the Fragile will be choped away some but will hold together. The alternatives are simply not acceptable and will be resisted as strongly as appears to be the situation. In fact the imputis is there to strengthen oversite and implace sinsible regulation and continue to encourage development of former closed and underdeveloped countries. And it is this new and continued development that will/is causing the current rapid increase in value of Mineral Commodities and the renewed search for the increased reserves required to continue facilitation for this development and redevelopment. To do otherwise is inviting environmental consequenses that will harm every one every where. Global Warming will not be much of an issue in comparison if development falters. Therefore Development must not falter due to Greed and resulting Panic.

Old Joe

PS: It is not faith or fait but pragmatic planning and follow through that is called for and appears to be happening.

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