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: Winners and losers
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Way back....during the initial discovery...I put some money in many of the area plays, such as the following:

NOT, FNC, BMK, KWG, SPQ, UC, FWR, PRB

Made money on the Cliffs takeover of FWR

Made money on the Cliffs takeover of SPQ

Made money on a nice chunk of KWG on attempted takeover from Cliffs....holding very few at a loss now

Made money on PRB, due to Bordon Lake

Made money on FNC; trading in and out

Now; after many years....up on BMK

Lost some on UC

And on the King of the Ring.....NOT.....down big...very few opportunities to take any profit whatsoever in over 10 years...spent the majority of the time closer to the 52 week lows then near the highs....and with each year, the 52 week lows getting lower and lower.....what a disaster

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