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: This Manipulated Trading Pattern Will Last......
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2 more quarterly paydays for RCF with the attendant BS 20 trading day averaging period then the loan has to be wound up by the end of this year.

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The loan Facility of $ 15,000,000 matures on Dec31/2015 unless RCF chooses to

wind it up prior to that date.

IMO, though quite possible it is NOT a given that the owners of 1.45 Millioon of .62

Options will be able to exercise at a decent profit. Time is against them because of

low volume of trading and a need to push share price meaningfully higher.

Even though I would gladly see it I very much doubt it.

GLTY and all,

Fossil

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