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: About CLIFFS (and RoF): Poor Decisions Are Sending This Company Downhill

Although Cliffs recently beat market-watchers' reduced earnings expectations, it has run into a snafu at another of its Canadian facilities. Indeed, a dispute with Ontario's premier over their Black Thor property threatens production there on a permanent basis.

I wasn't aware of any major dispute, just inaction.

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