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: Conspiracy theory...

A while ago, someone made mention of the Peanut Butter Theory, which talks about the fact that there is only so much speculation/exploration money to be spread around and so many great juniors out there.

I think that definitely applies here. We have over 20 companies in the ROF area during a turbulent global market situation. This means a lot less capital is available, and it has to be spread over a thinner area. Lots of companies, especially the majors like Xstrata, aren't putting their money forward yet.

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