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 thoughts on the last 2 days of trading

"I think the Big Guys are holding this where it is. Their problem is to drive the price down they would have to Short sell or sell their shares. In either case if NOT management came out with DEIII or assays from DEII, or an awsome 43-101, or payday at Windfall , or..."

People seem to be mistaking shorting for manipulating. Shorting in and of itself is not manipulating or even forcing the price down. Low demand drives prices down which can be triggered by manipulation. With shorting there is the expectation that the price will drop but the object is to sell borrowed shares at as high a price as possible and then to wait for the lowest price possible to buy back in. Manipulation involves sacrificing small amounts of shares and selling them incrementally lower, penny by penny, in order to hold the price down. As for the above quote, it seems to go unnoticed that there is not the volume of buys to overwhelm the M.M.s even though we are onto DE2, which many were postulating would "blow the roof off". It will take more than DE3 visuals or the 43-101, which will likely only prove up the expected. As long as the M.M.s have deep pockets and choose to repress, it will take staggering numbers to create the kind of buy volume to overcome them...... and so we wait.

It is my opinion that this is the dance to hold down the price that will greet us at every stage to offset the future premium when takeover overtures commence. We are not the only ones that believe this will be a mine. I'm not saying the SP won't advance, it just won't be as some hope, as high or as quickly.

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