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: the new CEO is....

Sum, you said:

But yah, lets give him a chance...... do we have any other choice at the moment? Really look forward to a report on his options etc.

I concur, we do not have a choice at this point in time. I have not had an opportunity to do my DD on Mr. Wes Hanson as of yet but I certainly will. Any meaningful info that I ascertain, I will certainly share.

With respect to his options, I too am looking forward to disclosure. Quite frankly, in the big scheme of things, (161 F/D shares) I am not concerned about the number granted. I have been vocal stating that our S/P would not deviate much from the current range without the announcement (and enticement for a new CEO with cheap options) and happy to add another chapter to this book.

Many here have complained about how long it has taken to hire a CEO (again myself included) but we collectively now have one less thing to bitch about

It is unfortunate on both accounts that our S/P and this forumn have taken a beating. Still confident that one of the two will recover.

Welcome aboard Mr. Hanson. All that we can ask of you is integrity.

Cheers,



Milsy1

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