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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I think that the increase today indicates that they are going to come out with good results that will take the SP where it needs to go. From what I can tell we would get a majority of the FWR guys if we get the SP to 3.15ish... I think that is the plan and they have the NR's to do it. Cliffs has made there offer and so has NOT but with NOT by raising their SP the bid also goes up. It will be interesting ,if they do put out some crazy NR's, what cliffs will do. The times, they are a changin. :) TTY

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