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 sense the climb up to ----

Glorieux, I really know nothing of technical signs of things to come. I hope your evaluation of the general market trend and the direction of the triangles will bring us the dollar value, you speak of, in the short term. I think, unless there is some really WOW news on drill results, that we will not see a major leap northward until the spring budget when some form of financing for infrastructure to the "Ring" is announced. Cliffs will then annouce their location for the mill as well. This, in my opinion, will be what lights the rockets for liftoff. Budgets are usually in March if my memory serves me right. In the mean time we can jog along getting warmed up for the 100 meter sprint. Not wanting to wish my life away but I wish we could move to that point tomorrow. We investors have suffered long enough. the deputy

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