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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K,good post.

We now have 2 major shareholders that will hold/control at least 30 %. One is keen on its investment for access to the nickle and chrome. The new one at this time appears to have recognized a great investment opportunity. What their motive really is is not yet apparent .

How do you see the possible scenerios unfolding over the next year or so that will enhance the value of our shares ?

Do you see other possible majors wanting in ? These two seen to have unlimited resources to finance the entire nickle/chrome mine development/operation ? Would they allow /want someone else in ? Can they prevent other majors in or is this when the fun could begin with bidding for the valuable resources?

Has anyone found any previous deals with Baosteel( or another Chineese co). and RCF involved in one project ?

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