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: Rumor

Well, no news and no action on SP other that Credit Suisse still selling us down, now an iceberg at $1.25. I did a 3 year check on them and they are still up 30k shares so maybe they are liquidating their position and if that is the case, they should be done very soon.

Some of the sources of rumors where uncertain about further info but there was some indication that the offer would be made more after next weekend but at this point, without SP support and volume, I believe these rumors did not have any basis in reality.

Keeping both eyes open still for a change in volume and price...

Glorieux

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