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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"they are buying FWR for about $1 per ton or .0005 cents per pound ( i think my math is correct)"

Let's put it in layman's terms, even using 2 or 3.00/ton.

I bought a truckload of pit run gravel last month. Price was 18.00/ yard plus delivery charges. 18.00/yard works out to something like 6-7.00 ton.

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