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: My Take On The NRs
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Look, I don't know 1% of what Been There and many others know about geology. But I do know one thing, the essence of his very well written and thought out synopsis of the NR's, especially NR no. 1, was fairly obvious to most logical people on this board within fifteen minutes of the release.

Yet, note what was posted from the time of the release, to the time of the opening of trading. "Wonderful news" " this is great" etc.

But in time, folks seemed to come to the realization that Been There's post sums it up best, and I definitely agree with that, too.

We're still confused and still up in the air. We don't know a heck of a lot more about the one issue everyone wanted to know about - E2 assays - other than the ones to date are disappointing, but we're waiting on assays from some more promising drill holes.

It's okay to be confused, like I've been saying all along, it's speculative, big time speculative, so watch out if you really can't afford to lose the money you invest here. That's all I'm saying, the rest is typical message board stuff, and I believe many of us saw that in action today.

And what does everyone supposed will happen to the share price in the next day or two, as people assess where things are, and what people like Been There have posted?

If I sound bitter, I am kind of bitter. I see this stuff happening, but everyone is damn the torpedos, full steam ahead. Some people believe that stuff. Hopefully the lessons for some were NOT too expensive today. I thought the stock held well, considering the news and the market.

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