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: Time for a review

it is not what it's worth, it's what the market will pay.

the market is a mess and the houses are illiquid. shares bought sub .50 could still be out there and sold for a profit - right now, nice if it can be done.

nobody pays for potential at the moment. it's all about capital preservation. when talking about that months ago, nobody wanted to listen.

expect the unexpected.

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