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: keep the focus on facts

keep the focus on facts

posted on Feb 02, 2010 12:37PM

good news this week

1-results of the 2009 drill program all good..

2- hired consultant for further drill location determination and "probably" speed things up in resource estimates probable category

3- Cliffs success at aquiring FWR = development work on transportattion and infrastructure (everything they talk about still refers to production by 2015) V-GOOD

4- Meeting with first nations company indicates positive attitude.

5-good entry / chance to lower average costs of shares

What's keeping things down

No DRILLING (therefore no good news comming for a while)

Native negotiations during the peak drilling season could not be worst.

imo

so money is going to the plays that are more active right now

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Feb 02, 2010 02:27PM
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Feb 02, 2010 02:31PM
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