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: Re: Resource stocks will recover soon.

Nice report BUT don't expect return to those high flying prices for a good few years. China certainly is slowing and Nickel in particular likely to be a long term recovery situation. Who knows with Platinum but likely needs stronger auto market for recovery.

Given the time frame before the ROF is into production you can pretty much count on higher prices when mining starts. Bet we'll be bought out well before then.

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