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: Ghost vs. Solid

"Word is out, and the Majors who have been waiting to see before offering their dance card have found the moment has arrived to begin a correspondence. Wes, new on the job, is thrown into the big-boy world of negotiating this month and next. Once we are feasable, any additional holes are more leverage for NOT."

The word I get on this subject is that Wes has switched from lace up shoes to loafers, and is practising the quick draw, in order to be ready when the negotiations reach the critical stage.

Regards

K

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