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: Shareholder Value

Message to our B of D & CEO who I'm sure ready the post hear.

Your job is to increase shareholder value, to that end you have done a terrible job.

You all deserve to be fired, plain and simple. Get out the waking stick. I will be at the next AGM and will vote my substantial shares NO to any more unjustified OPTIONS. You will not get my shares until our SP has increased. NOT is like very hot gold, until it cools done which seams to be taken forever you get burned.

The share price has continually drifted down and you guys have dilutted OUR company substantially.

What ever your master plan is, if you do in fact have one it better be good.

Until we meet, and we will.

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