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: PP Oversubscribed from WW

I don't think investors (vs retailers) threw 25 million out without confidence in sp's upswing in no time. I believe PPs were already filled by the end of the day after the PP was announced at 12:09 p.m on Thursday. We are always the last one to know what's happening behind the scenes.

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