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: bruce, I love those insider numbers

Sorry to say but you guys are mis-interpreting that report. What you are assuming is purchases in open market is granting of options. Those options have not even be exercised yet. Just some very minor sells from RN. So this report really means nothing. Sorry to dissapoint,

Cheers,

Glorieux

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