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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AND, it is obvious that you do not understand the logic of options. It would be preferable to pay them their total earnings in options, rather than a salary.

Actually Wes has very few options at less than .86, and most of them are north of a dollar. The absolute only way he is going to benefit from them is if the share price exceeds a dolar, and to get anything substantial, he has to get that price up to at least a couple.

Best regards

K

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