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: Enjoying the posts! Lots of food for thought this morning.

With confidence I will say in the near-term we will be conveniently above the 1.16 warrant exercise price. Which will allow us to be cashed up to 29 million plus whatever we have in the kitty. The more I think about this deal which is a DONE DEAL the more I like it.

Timeline IMO: 1 year and Bao will pay up for the 19.9% and 2 years will buy us out in full for $4-5 share.

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