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: And being that Wes said....

I don't remember Wes saying anything about the sp. He has stated the reality of the doubling and more of our resource base and we now have attempts with drilling to continue to increase the Chrome. I wonder about the deep drilling, and what they know in that area. In other words, after all the expense, and in spite of the difficulties encountered, what did they surmise, and why the fiasco. I hope they are on game, but too worry what they have that would preclude a lowball takeout. It is interesting that it hasn't happened, and with the market as is, it could actually be our saviour for the moment.

vermillion

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