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: Some thoughts

KHareema,

You make perfect sense in your response to Frank re creating a market for the chrome or as I would say it, finding a niche in the market or have a major find us.

The fact that they have added 2 drills suggests to me that they are in as much of a hurry as FWR.

The 6 months is a good indicator and gives us a little peak into their timeline. A timeline they refuse to share with us. Very good observation to pick out that little phrase. IMHO it tells us a lot and one of those things, it seems to me is that we won't be waiting long. Probably after the winter drill program we should be much further ahead re knowledge of what we have as well as where we may be headed with this.

I was unaware that the drills were leased. The term I had always heard is that NOT was purchasing them. So I thought they had 4 drills with 2 more being added but I defer to you on this issue.

Either way NOT has at least 4 drills working while FWR has 2 working. Between the 2 plays, they should swiss cheese the strike and give us the goods.

On another note, I also can NOT believe that there are results re other metals. As was mentioned in a previous post, I suspect they have results from E1 and other areas.

I'm waiting for a super release with a tsx listing to be announced.

Times are getting very exiting even as the economy tanks!

Perhaps this NR will give us some upward movement today.

GL to everyone

Don

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