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: Nothing in this release but more ore and more time.

Its the more time that is what people don't like. You can't argue with more ore, its what drilling needs to do as that is getting done. More time is needed to get results from the deeper areas and to learn the do's and don'ts of the geology. I have waited for more results of what is extra and that is what we got. The resource we "have" is still there and what we have proven is worth more than what we need to mine. The infrastructure is coming for the chrome and will take the 8-12+ billion dollars we have in the ground too. Thats what we are worth today and everything reported is just more. We have to wait for the govvernments and Cliffs to get settled on routes and FNs issues anyway. Stop wipping the mule as it can only pull the cart so fast, but the destination is still closer with each step. If you want off, go ahead, it will only lighten the load.

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