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: Freewest shareholders...a question for you?

Freewest shareholders...a question for you?

posted on Dec 07, 2009 11:40AM

I respectfully suggest you ask yourself, "What kind of investor am I?"

You are invested in Freewest, a speculative Venture Exchange company (same as Noront) , so why would you want to trade your shares for a Cliffs style company?

Why did you invest in Freewest in the first place? I think the majority of current FWR shareholders originally invested because of the proximity to Noront's August 2007 Eagle 1 discovery. You wanted to invest in a Ring of Fire area play, so here is your chance to stay in the ROF, and in my opinion, upgrade your investment.

Some of you will remember that I was very vocal against Noront's current BOD when they manoeuvred Richard Nemis out of the CEO position. My thoughts on that have not changed, but I am here to make money, and I believe the "new" guys are going to do just that for me. As others have wisely pointed out, as an investor, you need to have the discipline to overcome emotions.

I sincerely wish you the best of luck with your decision.

Holding with confidence,

Canseco

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