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: I don't like.....

The correction we are seeing right now is more stated than we normally see at this point. Usually it takes some time for this kind of downward turn to reach bottom at this time of year but this is going very quickly. It appears to be a seasonal thing compounded with an overbought market which is rapidly becoming oversold. No one ever has a crystal ball but this is looking like it will size up to some buying before too long to pick up on the deals and thus to ultimately boost the sp's and support a July rally or there about. We wait to see.

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