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: Total lack of respect for Chrome - today!

Perhaps I'm being overly cautious remembering how confident Dick Nemis was about E1. The fact remains however that the market obviously shares my concern about size of chromite deposits. In order to obtain valuation for chromite more 'proof' is required. The more 'proof' the lower the risk for investors and therefor higher share price.

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