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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Herb,

and what if Cliffs offers one CLF for 20 FWR. That's around $1.75 Cnd for a FWR share. There you have it, a 3 to 4 bagger.

Minor dillution for CLF. 10 mil. shares on a float of 131 mil. makes 8 pct.

Far less than the 25 pct share dillution for NOT.

Anything can happen in this game. Don't believe those saying it's a done deal!!

We're all her to make money, so let the bidding start.

If FWR is bought out for peanuts, do you guys really think PRB, SPQ, FNC.... will be worth something in the near future? Nope, they will all end up the same way.

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