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: How many here think there is a News Release coming next week---

Rundle, we may not agree on whether an i is dotted or a t crossed but not only are we on the same page but same paragraph. I also want more nickel, copper, precious metals vanadium and chromite but even more so for our other finds to be further explored. How about our vast claim area.

May I say that it is so for just about every one else on this forum. We are a fairly tight group and not due to personalities but of the conviction of what we hold and it's future.

Cliffs is nibbling on the small companies with chromite. Once they have them they are likely to ask us for our chromite.

Cliffs are also likely to ask for cooperation in funding the basic infrustructure needs like a rail line.

If Vale is not capable or interested in our other assets then maybe Xstrata, and if they also are mired in union or financial problems then we have the possible Chinese interest. There is always the unknown or unforeseen factor.

We are far from being dead in the water. If anything we could be blown over by a tidal wave at a moments notice.

Was and am very optimistic.

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