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: KWG patent

Agree entirely:

- Not a single note from FN as to latest NRs, no critisism from environmentalists

- North-South road has not been opposed seriously for longer period of time, necessary anyway to set the railroad in place

- Glencore has checked in the meantime their opportunity loss, if it is a mis-hit..

- Alan has kept its best card to the breast, Glencore will have to pay for what is Not yet explored one way or another. Normally a Major will only pay for what has been proven, in this case Glencore is in the know for what has been gained from different mining activities around Bushveld, it is a lot. The ROF looks even better. Alan will price the goodies without the rest of the ROF...... Very promising future although a boardchange will be inevitable after selling just the 2 deposits while going for the rest in the next decade. Far more easy, with roads in place. I view keeping all other claims will be the trigger for reaching the 10+ unchartered area. It is packed with copper and zinc and more once the first 2 deposits have been sold. Glencore will need to pay up for the potential if they want to be on the safe side here. 

- KWGs patent will be worth a lot once it is used, probably the reason why Alan has politically postponed the Chromite with a reason or two more.

- metalprices gradually moving in the right direction.... Ready for the next boom ?

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