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: Called for a chat.

Called for a chat.

posted on Aug 26, 2008 12:20PM

I said aside from the very nice 43-101 we've been a long time waiting for news. That was agreed upon but that quality control was of the highest and that assays on sets of completed holes were a focus. I commented that that sounds like we're drilling deeper...... I also said that that's a good sign that reports on holes aren't coming quickly and she said that "that's a good way to look at it." She said that the initial assays from Act labs are quick but it is the follow up that is taking the time and then going to our quality control.

I commented on the chrome play being massive and she said it is huge. I mentioned that it was difficult to understand why it is not being represented by the analysts and she responded that they have the same opinion, though I surmise that we all could agree what that means. She said that they are increasing the pr with trips to Europe and more road shows in general and hopefully the Fall will bring some response. She agreed that the market would likely not respond to positive news just yet.

We talked about the huge growth in this company in one short year. Everyone is waiting for things to break lose.

Just thought ya'll might like to hear this. Nothing terribly new but there it is.

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