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: Re: Here I am again, a stick in the mud - 700 million??? sorry, S.B. 7 million

You know guys lets be realistic and optimistic. What we do know is this, based on the best but limited information known to us we now know there is atleast 7 million tons of ore atthe least a $800/ton value.

So based on the minimum and most conservative calculations our present share value is the lowest true value of our shares. Think about that, we are in no way considering what the future drilling will prove up. But what we know for sure is Nemis and gang are still very excited about where the drilling is headed. I believe we are no where near the true value of the resource and value/share they think they have.

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