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: I wonder what most think

I am not saying this is a done deal, still think NOT will get their way. However, Mac is recommending a worse deal for his shareholders then what Mr Anderson did. Mr Anderson is still villified for that deal. I wonder how Mac will be remembered for recommending this deal.

I do wish that NOT could find a way to make things work with FWR and Mac especially. We shareholders have much to win if this happens and I believe our country has much to win if we can develop this in a home grown fashion

Glorieux

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