bnn broadcast

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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storm5151

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bnn broadcast

posted on Jul 30, 2009 10:41PM

I taped it and just watched.

I want to clear up 2 things that have been discussed today.

First they do mention the late june visuals of hole 49 ( although they don't call it 49) and said that the market did not take notice for 12 days. ( I think someone mentioned they did not talk about the latest release.)

Second in regards to the 10 million cash on hand, he clearly states by end of year they will still have 10 million on hand but that with the current price they may want to take advantage of a PP. That is not to say as was insinuated earlier today that they were down to 10 million now.

I hope this gives some clarity to todays broadcast.

On the whole I would say that he was extremely positive and it should bode well for us.

Regards

Storm

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