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: Good Luck Wes.

I am not surprised, the combination just was not working well for us.

I do not know where to put most of the blame. Whether it was Wes's personality ex. describing mine location as swamp land ( even if partly factual ) was not positive for the company in a time when positive statements are as good as gold. OR it could have been dictates of the board of directors and Wes was mostly a front man.

With this change I expect which of the above classifications is more correct will be evident soon.

Bottom line, I am mildly pleased with the change and wish Wes nothing less than good luck and fortune. Ed.

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