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: A few thoughts to the group

The lawyer/wolves comment was a bit of a joke but the reality is, calls were made and reports were written about rooms full of lawyers at the Noront office. I did not make those calls but trust the sources in this case. All I was doing is pointing out the fact that MAYBE there was more to Richard saying "hold tight" and gave some POSSIBLE explanation as to why he may say this. If these real possibilities offend you then put me on ignore.

Glorieux

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