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: Why the share price didn't jump

Don't worry about Wes, he is not being set up. There has to be some reason for this lackluster piece of PR to have been released on a Thursday after markets closed. I mean, who releases key documents that establish the value of a companies assets with a Friday the only trading day ahead? I have some problems with the optics of having to rely on 0.3% ore. I have some discomfort with pumping slurry all the way to Webequie. I have some reservations about government putting in 75% of the transportation infrastructure cost. Why on earth would they put this out now? I can only surmise that there is a plan. Can it be that this is a floor, put down to disappoint. Every share that is sold is bought by someone. Could it be that in the very near future, we will get a release of deeper drilling that increases the higher grade reserves so that the 0.3% becomes less significant? Will this expected increase in reserves allow a higher annual throughput that will decrease the payback time on infrastructure and increase annual revenues? There has to be something in the hopper after all the posturing that will make the stars align for this property. I cannot believe that the slippery folks who own and control this company are putting out this feasibility report and it is not some form of connivary.

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