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: Where do we go from here?

I suspect there were some onlookers checking out the action and there were definitely those taking some profits with that not necessarily being the sole motive. I imagine the affect of yesterday's N.R. will percolate for a while yet with todays volume attracting some attention and, though we may stall for a bit, we'll likely see some continued growth out of this... provided that there isn't a concerted effort to hold the sp down. Having said that, I'd also suspect that the NOT board is presently interested in seeing the sp at least stabilize with such a shiney report. We wait to see.

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