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: Noront and stock based compensation
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10% would be approximately 13 million, they issued 2% or 2,130,000.

Why did the current BoD not issue the whole lot to themselves over the last few month ?

Could it be integrity and looking after ALL shareholders.

And what will the new BoD do ? My guess is that the outstanding balance will be used up very soon !!

So much for integrity and "looking after retail" !

But maybe I´m too biased and negative.

FANTOMAS

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