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: Not material enough... again?

Not material enough... again?

posted on Nov 24, 2009 03:47PM

Once again news relating to NOT is issued on a one sided basis. I'm talking about the news this a.m. from our JV partner Probe. Many of the FWR SH's may not even know that we have a JV and surprise, surprise we have found more chromite 'close to the surface'.

In this current battle for FWR our BOD should be doing everything they can to show how FWR shareholders could benefit from their 1 for 4 participation in even this JV. My calculation would say that 25% of 50% of this JV play ie 12.5% might by itself be worth the puny 55 cents being offered by CLF.

Come on Wes, this is news and it is good news, get our Logo on it!

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