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: consortium tipped to include Baosteel

(hi everyone, I am new here :-)

Well Cleopatra, I was worrying about that, too, at first. But maybe they just can't prevent the share price from rising, and this is foreseen and included in the package. I imagined the deal is maybe that they get a first entry at a low price -- much too low in the eyes of earlier investors like us -- exactly because the next step will be more expensive for them. In sum then, it could work out as a fair deal for everybody.

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