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: the wild card

Paliman, you said: .......China has taken the Vanadium flow storage story...plan to store 10% of the energy that China produces by 2020..."

Babjack would agree with you, and can speak at lenghth to this.

At apprx. 1:30pm today on BNN, Paul Waldie interviewed Ron McDonald, Exec. Chairman of American Vanadium's Gimbellin Project. Venture X, i think) His pounding the desk pitch stated that his company was already mining in Nevada and would process the Va for Electrolite Storage batteries manufactoring for export to China/world.

Ron M recited almost exactly the same words quoted above for China's battery storage plan.

-when asked by Waldie if anyone else was mining Va, He said American Vanadium was the only mine in the states,("0nly Va in the USA") and did not mention any Canadian/wwide suppliers.

-Ron M also said that in stainless steel, a 2% content of Va (per ton of s.steel) reduces by 20%, the amount of coal(coking?) required in the s.steel making process.

I think the Va at NOT is just another element in the BAO/NOT stainless steel verically integrated mine/maufacturing Enterprise Building strategy.

My opinion for some time, now

Peter

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