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: REJECTION

I can't see Mac doing anything other than recommending rejection - the psychology is all wrong - better to be President of something small and independent (in the sort term) than to be absorbed by a larger entity - until it is taken over too. So it will be as we were it seems. Of course if Mac states why he is rejecting, it may give Noront a starting point for another round

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