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: Insider trading

Just to put in my two cents worth. I a concerned more that a little about this insider sale which occurred on 8/7/09. It woud indicate to me that outstanding news is not imminent. If it were, he could certainly have waited just a few more weeks and then get a lot more for his shares. This sale may be indicating that he feels we will be at less than 2.50 for a while, otherwise he would have waited. Just my opinion.

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