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: Bernanke says yes!

The most important for now is how big is his "yes". I would measure it at least as .5%. Even it is not enough to stimulate the economy.

The worst news are behind for now - ML reported its own 15 Bln loss (more than 6 bln than I expected). I don't see any other unexpected bad news soon and the FRS decision on the next week.

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