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: Cliff's announces capital plan

As a former owner of of both SPQ and FWR , I get so angry to hear that NOW CLF plans to produce 600,000 tons of ferrachrome ,PLUS 1,000,000 tons of export chromite annually...They knew exactly what they were getting when they got SPQ and FWR for peanuts on the dollar... Even though I did make some money, it certainly was not what I had hoped for...I just hope a similar fate does not await the shareholders of NOT...Regards and GLTA NOT shareholders...R R

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