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: A remark from Richard...

"out of noront", as in no longer running the company. The fact he own millions of shares does not entitle him to knowing more. Like Poly said, there is also bad blood...

You might be surprised how many shares some of the people on this board own. I am not one of the big holders, however.

Have you ever spoken to Richard Nemis? If not, how do you know for sure what he has or has not said?

B.

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