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: Drill results send share prices soaring!!! - Khareema - Milsy1- Rodg45

Re: Drill results send share prices soaring!!! - Khareema - Milsy1- Rodg45

posted on Dec 12, 2008 07:55PM

Exactly. We also need to remember that along with the $20 million budgeted for the 09 drilling as outlined in the MD&A we also have a $36 million dollar Joint Venture exploration committment, expendible over 3 years from our JV partners as well as close to 6 million in cash payments from the JV partners over 3 years plus the huge rebate coming in from the Quebec government. Now how many companies are sitting in the position that NOT is in currently, not many thats for sure. I am still wrestling with this little statement below. lol. hmmm. Our recent financing will allow us to continue to be opportunistic regarding

acquiring strategic land positions in the Ring of Fire.

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