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: TA

djje.........I readily confess expecting more robust bounce from multi year low

of 15.5 cents and was fully hoping we can close over 42.5 cents.

That would give us new yearly low and yearly high this month and a strong

reversal on monthly chart. I guess i will have to exersize more patience.

GLTY and all,

Fossil

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