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: Nickel...Back on the Slide...Price on the Rise

Well...I was pretty close on my guesstimation that LME nickel supplies would hit 100,000 tonnes by Christmas 2021. There may be an increase in production worldwide in 2022 to some degree, but I think the overall sediment outside of Chinese markets will be centered around whether or not the mines the nickel is coming from are considered to be ESG compliant. Those in the responsible world will soon want to know, and will buy accordingly. I expect this will have a direct effect on pricing, and for meantime encourage many to buy before the price goes skyward. Especially, if Class 1 nickel is given its own market status.

TM.

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