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: FNC....financing news...

I think I'm a contrary optimist.

I don't get the moaning.

They raised money !

Last August this stock was at .18

They drilled and hit zip (to date).

They got financing in an imploding credit environment with a base price of .50 on a day when the stock is trading at .40

Stock moved up on the news.

Could have been MUCH worse.

BK (minor FNC holder)

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