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: Closure part of global trend: Analyst

I am pleased that nickel mines are closing and in particular local ones. Even if the nickel price is low nickel is still needed so it is imperative to keep low cost options available. It just adds pressure for the biggies to take notice that our Eagle deposit is that much more attractive.

Unfortunately it also means that potential manipulators of our sp would work even harder to convince us to part with our shares.

After all with nickel prices in the dumps you are wasting your money, lol.

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