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: Who Holds the warrants...?

If there were only 4.7 mill warrants out on April 01, then there are a lot less outstanding today. A lot of them would have been exercised when holders had to liquidate during this meltdown. Therefore I doubt if the warrant expiry has anything to do with this runup. I presume the answer will lie with corv's recent statement. Good times are a comin.

Regards

K

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