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: TSX exposure

"I am pretty sure NOT will have to produce NI 43-101 compliant resource for the chrome before it will get a TSX listing."

Now there is the issue. I've heard both sides of that point, that you don't have to have one as well as you do have to have one. I believe there have been postings citing literature supporting both but I think the issue is one of not necessarily having to have all of the requirements for the listing. Beside that, we already have a 43-101 on Ni. How many 43-101's do you need to get to prove you are worthy? How many companies with TSX listings have 43-101's on all of their going concerns. Would that mean a company would have to delist after finding a new ore body until they did a 43-101 on it?

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