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: Bottoms Up!!

The point is that supply and demand will define price. There is a good fluid market for the stock, but there will remain more sellers than buyers until management proves up more underlying value or otherwise creates greater confidence/certainty. Price weakness is simply reflecting the total absence of new buyers in the present data void , and at a time when there are many legitimate issues unanswered. The low volumes indicate actual liquidation is minimal, so the stock can rebound swiftly with substantive value-adding news.

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