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: Phoning JJ?

Hi Benjy

We're all eager to hear news, sometimes before it's even made.

I think we should use caution in our eagerness to have JJ or Wes spill some beans prematurely. NOT management are in tough discussions, negotiating complex issues and implications, and we don't want to jeopardize NOT's ability to play the best cards for us at the right time. We surely don't want privileged info to be broadcast accidentally on this board.

And at any rate, JJ can only relay to us Management approved news.

Let's give them a little space and courtesy. We'll hear tomorrow, undoubtedly. They're probably eating pizza and burning the midnight oil! :-)

Jacki

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