Whaler,

Investors are sick and tired of the excuses and the extended time frame it has taken ISM Management to address those many “unknowns” you speak about. Many of those “unknowns” should have been addressed in the last Micon Ni-43-101 Resource Report. Since Micon requested ISM to do the follow up exploration over 15 months ago, one would have to think that if ISM management truly believed they had a Company Maker Property in the making in L-2, surely they would have been working at a much faster pace to complete the full Micon Recommendations.

After 6 years and spending millions upon millions of exploration dollars on the L-2 and L-1, ISM should not “be at the early stage of unknowns”. In my opinion, it is time to clean house and bring in an experienced mining management group that will either move these projects forward, or use the remaining cash to explore on other properties to try and salvage ISM shareholder value that has taken such a terrible beating over the past few years.

By the looks of trading to date, once again, it seems the Market already knows what to expect from the upcoming Micon Ni 43-101 Resource Report. With the information this report will produce, it will clearly demonstrate just how committed ISM is in moving the Langmuir Properties forward.

“When you consider that Randy Miller is quoted as saying that only 15% of the Langmuir property has been explored/ and or drilled that leaves a lot of potential discovery other than old abandoned deep mines and shafts/ramps.

So what if only 15% of the Langmuir Property has been explored! One can basically put down a drill anywhere and find the low grade Ni numbers in the Shaw Dome that ISM has been releasing lately. In the end, it will have to be of a grade that can be recovered economically and that is why it is so important that ISM show the Recovery %‘s on the bulk of their Resource discovered to date from the L-2 in the next Ni 43-101. If ISM can’t even show that their already released "low grade average resource" and recovery % work financially, who cares about the even lower grades they are touting now. Everyone had expected to see the recovery % of the bulk of ISM’s low grade resource last time round. No doubt many shareholders have let ISM know they had better show them this time. Will the company listen and provide these numbers?

Why are they stalling in releasing the details that really matter?

Best

Nickel