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 Natural Resources rebuffed

According to your thinking everyone is at KWG's mercy including CLIFFs and Noront.

I think NOT..

How much closer is KWG to being in the the driver's seat after winning easement

desicion? Not much as their shares are right back to $0.05 after two days of trading.

They were in such a rush to put out a half baked preliminary resources report that they

forced BOLD's R.N to distance him self ( and rightly so) from the process.

To me it smacks as an act of desparation. Slowly but surely F.S. is pissing of everybody

involved in ROF developement from gouverments to FNs and everybody in between.

GLTA,

Fossil

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