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: whats going on

Well I guess I didn't express myself very well. The drop in FWR is to be expected in that nothing remains static forever. Particularly when the event is almost here without any apparent changes in offer and a market that has been in decline for a number of days. In other words there is nothing left to buoy up the sp with a market pulling at the purse strings and no white knights. For many it's just time to move on. They did well for a long stint in an unfriendly market. Yes there is a change. The ebb and flow of a stock. 4% down? Still pretty darn good compared to most of the losses everywhere else. As usual those that get in late wind up complaining..... just unfortunate timing.

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