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: Re: Question for the hub. I wanna know what you think....

I truly have a difficult time believing Mackenzie Watson would promote a NOT takeover, after our dealings with FWR over the past month.

F Camp

Board of Directors

The Board facilitates its exercise of independent supervision over the Company's management through frequent

meetings of the Board.

The Board is comprised of 6 directors, of whom each of Michael Sayer, Gilles Dubuc, Fouad Kamaleddine, and

Mackenzie I. Watson are independent for the purposes of NI 58-101. Peter H. Smith and Debra Chapman are not

independent since they serve as the President and Chief Executive Officer and Secretary and Acting Chief Financial

Officer of the Company respectively.

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