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 and some random thoughts

I agree Greasemonkies.
Also too much talk on this forum about chromite, imo.

As I've said many times, our nickel ore is by far the favourable topic from the perspectives of:

1. Much higher profit per $s spent.
2. Expected earlier necessary infrastructure, road vs railway.
3. Much earlier time frame for mine construction and production.
4. Per above, you should see much earlier return on investment.

Yes ok to talk of chromite, but nickel ore should be foremost in our minds at this time. Once we have profits coming in from the nickel ore then we can roll them over into chromite, be it Noront's, KWG's or whom ever.

Sell our chromite? Why?
I feel that once we are getting returns from our nickel ore, we can start on our chromite and probably be then the railway will be in place.
Also with that cash inflow we could spend some of it to restart exploration of our large claim hold.

Remember our vanadium? We could find it desirable to have some in a distant future for energy storage.

Sell anything? Absolutely not, is my humble opinion, because we have too much potential and natural flow of one resource into the next.

Ed G.

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