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: Cliffs

...sorry just venting...

Maybe so luker but you bring a valid point about boom and bust cycles in resource sector.

Someone said long time ago that as many fortunes are made in depressions as are in

boom times.Cliffs is or is about to reflect the value of ROF Chromite alone at these prices.

GLTY and all,

Fossil

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