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: NEWS -sh rights plan

Jacki contacted Wes a few weeks ago about this. Jacki, I hope you don't mind me reposting. Post is below:

"Sorry Gang..

Something went amiss in writing my last post...Several sentences disappeared! The

most important point in fact!

West stated that there is no need to have had the Shareholers Rights Plan in effect

because at any time in the future, should it seem necessary, such a plan could

be adopted immediately without any problem.

Jacki"

So I guess it seems necessary at this point? I would guess it is either because:

1. Good to great results are coming

2. A hostile offer is on the way

Any other possibilities?

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