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: New M D & A filed on Sedar today..eom
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cupcake....Thanks for post re: New M D & A on SEDAR.

djje was extremely close a while back estimating amount of cash and cash equivalents

for the quarter ending Oct 31/2013 @ $ 16 Million. Actual amount is @ $15,740,155.

It would be even better if the amount of $ 1,620.781 received for remaining EAG shares

sold to Dundee Corp. was not received subsequent to Oct 31/13.It will show up in

Dec 31/13 quarter.

It appears that BOD was prudent with cash burn and will not need to raise cash in near

future.

GLTA,

Fossil

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