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: What a smelly day in the markets...

TSX down 332 points, the Dow down 389 points and NOT down just under 6%. Not surprising though given NOTs drive out of the depths where it had been living so long. Intesting to note that much of NOT's drive down was done on very low volumes while today we see a fairly healthy participation in NOT trades at 696 K and yet NOT really didn't go down that much given the last week and some. So it sounds like this days volume was as much about acquisition as much as profit taking. But then that's just my perspective. I'll be looking to see if that little wall at .85 is there at tomorrow's start. We'll see what the early markets indicate.

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