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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"the first thing that they will do is grant options to all board members as none of them own any shares (save Irwin - 40,000) likely to the tune of 10MM".

If Rosseau ever got in and granted incentive options to the new directors of the Company these options would be subject to the approval of the TSX Venture Exchange, would they not. If this occurs I suppose we will have to join together to battle this granting of options also. Again It just does not make sense to me that they can just do as they please with no checks and balances. Same for a PP.

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