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: So prior to Cliffs or whoever taking us out

So prior to Cliffs or whoever taking us out

posted on Feb 19, 2009 10:08AM

I beleieve the BOD is going to drill as much as possible to prove up as much as they can. Same thing for FWR third drill being added.Same thing for SPQ new PP.

Drill drill and drill some more.

I believe coinciding with this take out, we will spin off Windfall and our other properties.

I think this take out has been in the works since before the AGM. Hence the real reson Windfall was put on hold for the winter. As well the reason for downplaying this asset.

Time will tell.

RR

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