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: It was a wee bit discouraging

I don't want to speak too soon, but looks like markets have stabilized.

1.55 support in tact for NOT, REE's across the board took a hit but appear to have found their bottom.

A stead flow of good earnings this week should turn things around. I am watching the chart on the UYG for some guidance.

JMO

GS40

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