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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do I take some off the table at this point and recover all of my initial costs...or hang in there and hope for greater gains in the weeks ahead?

I will wait for the results in oder to make a more educated decision what to do with my shares.

My post with NR expectations should give an indication on how to react to published results:

NR expectations

posted on Jul 28, 09 07:11PM

1) 5 m @ 5-7% Nickel in each of the two new pods

> 1 million tonnes additional tonnage

2) anything less would be dissapointing and sp would suffer

3) .... would be (massively) exceeded by:

> 25 m @ high-grade Nickel in both pods

> 10 million additional tonnes

Bring it on !!!

FANTOMAS

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