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: Promotion

I was not at the presentation but from Snezzer's post, much more was said than those 3 statements. How the chromite experts believed that they believed there was a mistake as our grade and thickness are TOO GOOD TO BELIEVE are very powerful statements as to what we have.

It is easy to start being negative with our SP being so low and questionning management and how they are promoting our company. However, I still respect them for being completly honest which is more than I can say for 90% or more of the Juniors out there. They would be hiding all the weaknesses. We are being very thruthful and this may be viewed as a bad thing by you and some others however I believe in the long run it will earn us respectability!

Glorieux

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