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: One thing that has me bewildered

I have to agree with your math and I too am disappointed with the SP action. Fortunately I was able to call at 1:30 and rescind my tender. If a late NOT offer comes I can tender to it. If not, I'll take my dollar and invest it where I want. As a NOT SH I am very disappointed with the $1.00 PP we are now into. I know this board would go ape-$#!+ if there was a $1.00 PP but sorry folks that is what they will have if they don't have control.

One good thing with my rescinding is that it appeared that I was the first at Scotia to request this. That may tell me something personally too. Can two wrongs make a right!

GLTA NOT & FWR SH

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