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: Fwr has become the fox and .....the panting dogs trying to catch up !!!
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"it will look real odd if we offering less than the market value of the stock in question."

The stock in question has a market value of roughly $0.30, maybe a little more with the exposure it's had. The SP rise is due to the interest in taking over the company. Very little has come out of FWR NRs to prove up their holdings since the takeover attempt began.

If both NOT and Cliffs were to withdraw thier offers FWR would tumble right back down to where it was in September.

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