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: Quiet

Quiet

posted on Dec 02, 2009 12:16PM

Pretty slow trading day, pretty slow on the forum as well.

There doesnt seem to be much desire to accumulate FWR with such important action in the works. Two possibilities.

1. FWR BOD has enough votes to pass thier sweetheart deal to Cliffs

2. NOT etal has enough to force a refusal or at least repositioning. Maybe FWR will make another 60 cent private placement so the pay days stay intact.

Regards

LG

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