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: Sell now buy cheaper ! ?

"So something like 2.3 million shares traded with the news and it rose about 6 cents. It puzzles me why anyone would sell here. There has to be a reason but it escapes me. They were willing sellers in a free market so nobody stole them."

You have to remember that there have been about 6 mill shares bought in the last 2 weeks at sub .60 level. There are a lot of those buyers that sold yesterday and realized a 20% gain. Not bad for 2 weeks. The good thing is that by the end of the day they were mostly done. Maybe a bit more selling on thurs, but by the first of next week, we should start to see a slow rise, assisted by the odd news release.

Regards

K

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