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 bottle stopper is still in at .84...

and the longer this goes on the more it looks like the fix is in. This was the pattern for the notable takeouts in the past in the ROF. The question would be, should this be the case, is our BOD behind closed doors to seal the deal or to design tactical moves? We wait to see. I wonder what the odds are of a good offer......good?......Naaaa! It's going to be interesting. I wonder how Baosteel (China) would like having to deal with an American controlled company vs. a Canadian controlled? I think they would prefer Canadian, which would then add something interesting to the game that FWR and SPQ didn't have.

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