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: Here we go...

I find it interesting that this "bad news" comes out exactly when the downward movement seemed to have reached its bottom and the chart looked like a coiled spring. I hasten to add that I really see it as a coincidence. Perhaps the market had anticipated this and therefore the sp moved back to the level which it had after Wynne's first announcement in May, when this was merely a declaration of intentions.

Anyway, I think that we should see a countermovement in the sp now.

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