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: Everyone relax please

Just too much negativity floating around.

What has changed from a week ago? From what I can see, there has been a change in the BOD, which we knew would happen, just not who.

Other than that, everything remains as it was.

In fact, if the feasibility study had been released on schedule by the end of March, it would be worthless now. The whole years worth of effort would be in the garbage.

Noront needs access to the area in order to accomplish what we all want, Production. They do not NEED an east/west route. They do not NEED a railroad. CLF and the prov gov't have a plan to provide this for us. They have now formally gone to the feds for support for what they propose. In light of these facts, the prudent thing to do is to sit back and wait. The FS is ready to go other than the road issue, and can be out within a short time. This is my money being spent, and I prefer they spend it wisely.

Nuff said

K

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