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: Seems to me

"What a time to buy, we will most certainly regain todays lost nickel(five cents)".

A very true statement, Mike. It most certainly is not a time to sell, although there seems an abundance of people willing to do so. It is best not to dwell on that though, but rather to realize that there are just as many buyers waiting for them to come to them. There have been 10 mill shares traded since the first of June, so someone wants them. To dwell on the SP today, tomorrow or even next month is a sure way to ruin your summer. Rather lets look at the up side;

Within the next 2 weeks, there will be upwards of 11 rigs drilling in the area. This is 3 times the number that were there last year at this time. They are drilling with a lot more information available than they were last year. They are drilling at a fraction of the cost of drilling last year. They are mostly chasing nickel this year while they were mostly chasing chrome last year.

The above are all positive indicators for anyone doing their proper Due Diligence. The only real down side indicator is the fact that the whole market is in a great hole. This will change.

In 5 months it will be 22 of November. The summer drilling will be about finished and most of the results tabulated, from my guess, of between 70-100 holes. If one considers the possibility that this drilling will produce only dusters, then they probably should sell. For the rest of us, we patiently await that 60m of massive nickel in hole #???.

Regards

K

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