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: Volume

Largest volume in 23 weeks. This run up is not a fluke, and seems to be more than a bottom bounce as I previously thought. I don't believe it is a infrastructure annoucement as Wes has stated that won't likely come until 1st half of 2012. Plus, govt's aren't known for their expediancy.

I do know Baosteel's warrants are priced at 1.17 ish. So that could be a target, maybe? However the nifty NR hints are especially encouraging. Guess there is nothing to do but continue to practice that annoying thing we call patience.

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