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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Great Post!! You've hit all the major points.

The one thing to remember is that you only get the tax write off when the cash gets spent so if they spend $10 million in 2009 and $10 million in 2010, you will get a tax credit on half your investment this year and half next. This may be an issue if you were expecting to writeoff your entire investment this year and they end up saving some cash for next year.

Due your own DD before making the purchase.

Deeter

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