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: Cr vs Ni

"A rule in doing business is that you do not 'knock your competition' people take such action as 'mean spirited' and don't believe you anyway since you aren't exactly neutral.Saying that Cliffs taking a position in a ROF player doesn't 'mean anything' is just plain wrong. It might not be as important as some think but it certainly is causing a lot of investors to take a second look at Chromite.Noront is, imho, showing a lack of judgement starting a 'pissing contest'. Remember if you start throwing mud it've very likely you will get splattered."

I don't know that I agree with you. It's done all time. It's how it's done that is the issue. Comparison propaganda is common. They do that..... we do this. I don't think for a moment that the mining industry us unfamiliar with the concept of mean spirited either as we have noted in proxy fights and hostile takeovers. Anyone in business knows what lies underneath the niceties.

"It might not be as important as some think but it certainly is causing a lot of investors to take a second look at Chromite"

The above is ambiguous to me. I'm not sure what you are saying.

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