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: TME/BMK happy helpers.

as you know WSR now WPR first moved into the rof by invite from Mr. Nemis and it was given one of the first jvs.

After that WSR jv'd with BMK I believe with Metalex often. Correct me if I am wrong.

WPR hit last year on the BMK jv as I recall. Just 2 weeks ago they hit again on the NOT jv. Both of these hits on seperate properties at different ends of the rof.

I hope my memory serves me well here. So we have WPR jv'd with NOT and they have a hit plus the other rom last year and there was very little fanfare from Noront.

Right? Why so little fanfare??? Because of the JV with Probe. The share prices in the ROF must remain depressed until all of this positioning is over IMHO.

I have a sneaky suspicion that Noront is not through yet with their attempt to unite the ROF or as much as they can. I also think this process is speeding up and lines will be drawn.

If any Majors feel that Noront or a combination of plays can move this forward to production without them, they may panic and make their moves.

For these reasons as well as others I am not concerned with the NOT sp at this time. I would just say take advantage of the low sp and buy more whenever you can folks.

Its been a good day. More green....:)

Don

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