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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"Ps.. I find this unbelievable.. We had better get news that they drilled to 2000m and they hit 600m at 7%..."

The irony here is that if they know they have good drilling results, it would make no sense to dilute the share float at this low level.

This appears to be an an abuse of power. I wish I cared enough to do something about it, but I don't.

I can't find the upside here in this decision. I'd love to hear how Wes spins this.

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