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: What is happening with Fancamp??..Appears halted>>

Thanks for the update everyone. I forgot to look at the bid ask. Just saw 0 volume. Doh??!!!

I was reading the Fancamp discussion forum. Apparently RN and Smith are having a fencing duel of sorts. Some of their posters feel that Noronts price has been held back partly due to the inability of the two to come to some sort of mutually advantageous decision on how best to work the FNC lands (possibly in conjunction with NOT). Whatever its interesting and true...likely is killing the price a bit at this early phase of develoment. These companies are doing what was saide they would do a year ago. They are merging, through joint ventures, shared partnerships and land aquisitions. In the end we will likely see one "main" player with the others being a sort of "subsidiary" company. This gives the big company...the body that holds all the legs together so to say...better negotiating power moving forward. All of the bantering is just what comes with making the merge happen.

MM

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