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: Another who done it? The institutional dumper prior to NOT 49!!!
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Mr. Wallace,

Nice catch on the Pinetree sale. Its interesting to see that even the big boys make mistakes now and again. I've been holding tight for a few years now and know how bad I would feel selling out in the 70 - 80 cent range only to know what we know now and also trading in the $2.25 range. Oh well, you win some, you lose some.

Of note, we lose Pinetree but I just saw on Thomson One that Pyramis has taken an 8.7 million share position at the end of June so its not that we're losing any institutional interest, we're just re-arranging the players.

With hole 49 in the books and holes 51, 52, 53....... pending, I would assume that this list is only going to be added to!!

Enjoy the weekend everyone.

Deeter

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