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: Institutional Investors

Hi L.S. Gorgeous. We actually did win as retail with the change of guard, but there was a capitulation based on "no faith" if I remember. I like your "have not sold a single share", and more than likely you have it right. But, boy, it is hard when "fear of loss" gets at the belly.

But, I do notice, that except for a few who play this stock, the longs seem quite comfortable for the long term. I like that.

vermillion

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