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: 25% Budget increase vs. 2% dilution

Though I agree with the forum, that this is not a very congruent move from Wes's point of view. I think that when money is offered in this climate/market, its wise to consider PP's. We dont know what will happen over the next 2-5 years. This helps us to expand our operations into unknown time zones in the future.

Unforgivable, yet understandable.

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