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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Well said. The only impact CLF has had is through innuendo. CLF has not publicly stated anything about RoF that I can find. It is the juniors with CLF investments that seem to do all the talking. I would love to see anything that can be attributed to CLF, as it would help me understand thier motivation. So far, it looks to me like just one of many investments they have in the sector. The discussion CLF is probably having is where does this fit into their strategic planning? Do they take the money & move on? Is it too soon to increase their investment in FWR or RoF? Do they invest in NOT? IMO, it is too soon for anyone to be making major investments into RoF yet. GREAT potential, but lots of work to be done yet to prove it.

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