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: prb

Problem I see is the institutional investors not accepting the fact that FWR's chromite is as valuable as it is and being unwilling to go a generous enough deal to form a JV. They sure won't want Mac (some see him as Dick Nemis look alike) calling any shots for Noront and I'm not so sure Mac has a lot of trust in the people now calling the shots at Noront. Still 'greed' may prevail and a win/win jv deal signed which would light a fire in the ROF.

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