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: Shares being traded

Roughly 4.6 million shares have traded since shareholders of record date. Some of these shares being traded since Feb 1st are deemed to be in favour of Wyloo deal as far as being counted.  Not all for perhaps some have been traded more than once since. However, everyone of the shares trade on Feb 1st, 1,565,000, are for the day before they were shareholders of record and Election Only Required For Any Shareholders Wishing to Retain Shares.                              The activity we are seeing now till mid March may help us guess what's happening. I think instead of one announcement on March 14th there should be daily announcements, or at least several, regarding Retention Elections if they truly want to be transparent.   Also, what will the new Noront look like if retension elections are more than 20%, an initial float of like 100 million or so. I would think these shares would be highly desirable. 

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