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: Slow, but sure it seems

IMO.....If BHP does not strike back with an "Out of the Park" offer then this is a case of, "We can't beat'em. We knew we could never beat'em. So...Since Forrest has allowed us to be a significant shareholder....Let's join'em and get our offtakes promised from the Ring"."

So....Now we wait for compliance..., or contention, from BHP...Eitherway...Time to get your popcorn buttered and watch the show.

TM.

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