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: Awful lot of excuses today

Quack, I felt today's NR was sort of a temporizing NR (I think they did everything they could to dress it up, and I think our wait for these results was part of scenario, as they wanted to say some encouraging stuff). My worst fear was all assays on E2 were in, and yielded poor results, with the stock diving $1.50 or so. Believe me, this would have been the day for it, with the general commodity rout going on.



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