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: Re: House Positions - BMO Nesbitt was busy today....

Hard to figure what is happening here. I have long thought there was some relationship between BMO and anonymous, Particularly with all the action over on FWR a couple of weeks ago, basically the same scenario was played out. I suspect there is some cooperation going on between them, but it is hard to pin down as there are a lot of other trades mixed in with theirs. The important thing though is that BMO has picked up a lot of shares in both FWR and NOT over the last month for someone, and you can bet your boots that they have a good reason to be doing so. It all bodes well for us long term as no one buys like that with the intention of flipping for 10% gain.

I look forward to an interesting thursday and friday. Maybe news early tomorrow, but I doubt if there will be anything later in the day or friday.

Regards

K

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