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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Despite all the criticism of this management team they really seemed ready and willing to get down to business. The clarity of the company’s objective and vision as well as the way they stated it sounded like they know what they are doing. Could be a good sell job, but me thinks these guy are serious. I like the commitment to keep everyone more informed and especially like the fact that they are looking to the future already. It should turn the light bulb on in most of the big boy’s offices to start to take things even more seriously if they aren’t already. Lastly, I loved the deposit comparison graph that clearly states by tripling the size of Eagle one puts it in the truly economic range.

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