" VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 5, 2012) - First Point Minerals Corp. (TSX VENTURE:FPX) ("First Point" or the "Company") announces that it has served notice of arbitration on Cliffs Natural Resources Exploration Canada Inc. and Cliffs Natural Resources Exploration Inc. (collectively "Cliffs") over Cliffs' refusal to provide First Point with information prepared by their consultants with respect to the Decar Nickel-Iron Alloy Project in British Columbia."

First Point regrets having no alternative to taking this step against a major company such as Cliffs, but repeated requests by First Point for delivery of the information have been either refused or ignored, and Cliffs' refusal thus far to provide these reports is damaging the interests of First Point and its shareholders. Management of First Point cannot speculate on the possible nature of the content of the reports that would cause Cliffs to refuse to share the information with First Point as required in the Option Agreement.

And it goes on.And there are other stories out there.Cliffs has MANY big fish to fry,not just us.

So even if one were to get a legal agreement of sorts with Cliffs,it would seem as though the fun dosen`t stop there.

If i didn`t know better,i`d almost be tempted to think that there`s unscrupulous people working the scenes.

Once we get all THAT straightened out,we`ll talk again about that old chestnut...the "Woodland Caribou".That`s an ace the hole that`s not even being used anymore. Yet