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: It is obvious that the deposit is vaste but ...

I believe that the institutions have given up their control of this resource. They have unwittingly been self serving and each one has worked alone letting small portions of shares slip from their grasp do to lack of belief that this was going to happen soon enough or that enough ore would be found to bring value to the SHs. I have no proof of what I am saying but IF they have let enough go, retail SHs may have the majority vote again if mobilized to vote. I think we have some power against an early sellout. Those institutions who have been around and intend to stay around will also be less willing to sellout cheap as well. Cliffs may already know this. Cliffs may be forced to offer our NPV or work with Noront on the project as a two mine, two company operation. Anybody hear some gossip about a land runway soon?

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