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: How do we keep our voice united

Trips: You said

"for. Plus there is probably only a short window(before further dillution) when either would be effective. Now is the time, while we as retail shareholders hold close to 50% is the time to have our next step in place. I would hazard a guess that that percentage has increased since Sept 22. So what do we do?"

I believe that our share percentage has increased, but, we should also consider there may be numerous investors in Europe that were never able to vote. We have not idea how many votes are out there yet to be counted and what potential they offer!



A277



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