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: My only regret is...

I am very sorry you feel that way Dony but ar far as I understand you know longer own NOT shares and would hate htem regardless of a win or a loss.

You don't seem to get the fact that Cliffs was silently taking you guys out anyway just like the hedgies did to NOT. If NOT didn't make the play you could have lost control for FWR at a much lower price.

You have made your feelings very clear about NOT, I don't think we need to keep hearing your opinion on the matter. You do what you want to do and we/I will do what we want to do. Stop wasting your time trying to convince us to do what you would like instead of what we would like.

YOU WIN, WE LOST for now anyway so enjoy your $1 a share and we'll talk to you later OK.

Lance Swago

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