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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"this is an industry that thrives on selling the dream of a massive mineral discovery that will take a nothing stock up 1,000%--and occasionally delivers. Put another way, it is a business that changes your money and their dream into their money and your dream. On the whole, it is an industry that is populated by geologists using nebulous scientific theories and patchy data to explore for hidden treasures under moose pasture held by a company that, more often than not, is being pushed on the public by well-dressed, persuasive promoters with a gift for simplifying the complex to simple greed."

"The majority of potential investors roaming the conference floor are underwater on most of their junior stocks and therefore less inclined to buy another dream until the previous one actually turns positive (goes up in price).

Our investor base is also quite old and looking to cash out, not jump in! These people are looking for fixed income, not a high risk gamble. Demographics play a huge role in what is happening.--QH"

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