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: 3 things and more

Khareema,

Your third paragraph spells it out to a "T".



It really boils down to whether you are in for the short term or are going to see this thing to it's culmination. Whether the SP is at 3 or 5 dollars during August or September means very little to me. I do though, want to see the double digits that will come in November. I am satisfied knowing that they are drilling, and there are enough rumors around to keep my interest tweaked. I said almost a year ago that my first selling price would be 27.00, and I still say the same.

Regards

K

I would rather wait a year for $50 SP than a week for $6.

This is something that we should keep in mind as RN has reminded us on more than one occasion.

S

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