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: First Nickel way ahead of us while we stand still.

I chatted to them at PDAC, There are 691M shares outstanding FD, and 52week trading range has been .09 - .21. Market cap around $73M. Its an old mine they are recomissioning with less than 2M tonnes indicated. They can only mine the deep zone for now as there is a challenge with air handling units and deisel fumes from the 2000M level pollute the east zone. - interesting story though...

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