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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I like the idea but it may not be as easy as it sounds.

As I was looking for information on Windfall on the FWR site, I read through their latest MD&A and was shocked to see how many mature properties with defined resources are under their umbrella.

(Disclaimer: This is not an FWR pump and I do not hold FWR shares).

Aside from the long list of properties, they also have 12 Million cash in the bank and around 180 M shares issued.

I do like the idea though and believe that the two together would be quite a powerhouse with the quality of properties they bring to the table.

SPQ would be a no-brainer given that it is Novak's company.

M1.



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