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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Jackie,

I'm pretty sure you, like me, have some useless warrants we received on the FWR screw-up. Would you consider setting up a new hub, for the NOT warrant holders and act as hub leader in a full court press to get the exercise price of the warrants reduced and the period extended. Based on today's trading I would suggest a price of $2.50 might be fair.

This push would have to go to the BOD and we know that all the insto's bailed and have no warrants so this will be a retail initiative. I'd love to hear them say that they won't consider our request.

BB

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