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: When will the market value the Chromite?

Rundle:

I think we all should relax about the market's reaction (or lack of it) to the chromite news. A day or two ago someone wrote, that if NORONT would drill thru’ 100 feet of solid gold it would not make much difference to it’s share price. It is the market sentiment that rules in these days, not what and how much of it we find.

I also believe, that we have here a truly world-class find, and it is still growing. The find was communicated professionally and well to the business community, and presumably it was noted and well received in most of the circles that matter. There will be a desired reaction, delayed, but it is coming, we all can be sure about that.

Hold tight - hold long1

durban1

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