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: Some Bookkeeping re Outstanding Assays

How do you know they bid up the price. Nemis could of just stood his ground and justify the $4 and play it tough. The current situation allows him to do so. He could not of taken the same stance in 6 months when he is down to his last 2-4 millions. I think this was good for us, the PP that is.

Glorieux

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