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: Re: As I ponder raking the leaves.....

You raise a very valid possibility . The FN should/must/will likely ,IMO, be involved in some direct investment manner in the ROF . Creation of jobs,support of community infrastructure for FN ,etc. are great positive initiatives,but I do sense that FN would likely want a more direct involvement to share in the investment/profit potential of this area. IMO,the Province and Feds would very likely support such a notion,as you point out . At the same time,IMO, all levels of Govt. would likely not be supportive of seeing a significant amount of the great potential of the ROF falling into foreign ownership. IMO, ( and as many have stated here before ) the ROF will likely become the most significant metals development area that Canada has seen in many years and it would appear prudent that the bigger picture of the entire area be kept in mind by all players as they move forward.

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