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: Cliffs sells 1 Billion in bonds.. Up from 750mil....

Cliff's raising money could quite possibly tie in with the sudden re-establishing of Noront's shareholder rights plan that came so suddenly back out of the blue not long after Noront poo-pooed our inquires as to why it had been allowed to lapse. Noront had stated that it could be quickly re-established if there was a pressing need. Maybe something really is afoot by Cliff's and/or others...

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