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: Pinetree = Pupeteer?

Also, don't forget that Pinetree holds a significant stake in Temex, which as we know has a sizable land position in the ROF. Only trouble is that Temex can not advance any of their properites right now. Knowing the Boards of Macdonald and Temex are quite close, i suspect we could see some plan of arrangement made to spin out these assests into a new company. I think Pinetree would be a major backer for this, but i'll try to get some info at the PDAC. I think it would make sense for these companies given their current state and the fact they can't advance their properties the way they would like.

Eudaimonia

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