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: The NEW WAY! ???

Resubmitted with a spelling correction and proper punctuation marks in several places as should have been placed in the initial post!



A last comment before moving onto other matters of the day.

Becides the Dilution, and major up front (at the lowest possible price mind you all) Options self granting and unusual trading leading up to an unexpected and previously stated unintended News Release on partical Assay results, the BoD seems to have opted to take on a new Drilling/Field Exploration Oparator.

What does this really mean?

Loss of Site Setup/Knowledge and Experience???

How many Weeks/Months will it require for the new Exploration Operator to familarize them selves and their Camp/Field Crews with what has been already learned and experienced by the previous Field Operator/Crews? Has there been consideration of providing Follow-On training/support for the new Operator from the previous Operator?

Are we still working with the Same Field Geo's or have we replaced all of them as well? If so, who are the replacements and what is their qualifications and past experience?

Who will be supplying the Aircraft and Gravity Survey Equipment? And why do they need to re-do aerials? Are the new Operators/Feild Geo's able to make good use of the existing Aerial and Ground Geophysical Data? Or will the Office Geo's need to spend several weeks on several visits to the Camp so as to facilitate and continue with the Exploration Program and Drilling, etc.?

Most all noted events of this new BoD are otherwise the result of decisions and activities made by the former BoD, including the Metalurigal Testing, though we now need to send a Geo Crew into Camp to familarize themselves with the site Core Shack and determing what and which new Metalurgical samples will be needed to do these new proposed Metalurgical Tests.

Maybe the NR is an attempt to clear the decks of Previous Work and very long awaited news and the new BoD opted to add a few hints on the initial NEW BEGINNINGS under their direction? If so, they (the new BoD) should come out real soon with more concrete statements as to the near term Plans. And in doing this, they could also include better hints as to their intermediate term Plans, as in, for the next 6-9 months, as a minimum.

Old Joe

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