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: No big selloff..

A one month outlook is what I'm thinking about too. So many factors right now to consider. The main one is what news releases that might be coming out. We have had good ones that didn't/couldn't move the share price higher. So that would have to be some pretty darn good news just for starters. Then, drilling is halted for the Christmas break and I think the interest in the Ring of Fire will cool as well.

So we could see the share price dip to $1.50. We all believe the share price is undervalued and should be higher. But the real value if you want to sell is what the market will give you. Most of us who are here for what we think the value is somewhere in the future, will be holding. So if it drops to $1.50, so be it.

One month might be too short term as well. Drilling will have to start before real interest comes back. Another suitor may come along. But it might be too soon for that too. To get real, I'm not looking for anything dramatic to happen again for a few months. The drama we all witnessed will last me for a while yet. But we never know for sure do we?

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