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: Important rumors on Eagle 1 to keep in mind for next week

There may well be an announcement on Monday, but if there is, it will likely have nothing to do with any planned synchronization of events. The assays come when they come and they cannot be planned to be available just in time for an AGM. Nor can significant information be offered at an AGM without first being made available to the general public.

It is also interesting to note that, having observed the very substantial SP increase from, not only assays, but also from visible mineralization reports, there appears to be a lack of information concerning the numerous holes that have been drilled. In other words, there was plenty of opportunity to announce visible mineralization, if it had been found, but this has not taken place. I speculate that R.N., at this point, is looking to stabilize the S.P. through solid, irrefutable laboratory data that investors will hold to. R.N. and co. got the S.P. to where it is with a touch of Hollywood. Now, they know they have the goods beyond initial expectations, no hurry, just lay out the facts as they become available, and watch the S.P. rise with a momentum and a stability.

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