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: Short positions

It is not much but used judiciously, it is a powerful tool to bring down the share price in a low volume environment like we are presently in.

G.

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a millio0n shares shorted, our float is 173+ million shares. That's .57% of our float. That doesn't seem like much to me. GL RW

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