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: Whats goin on???

After the first couple of hours and no release I figured it was time to do some spa and spring cleaning. Came back at the end of the day and saw the obvious result of no news. Checking the last 6 months(since the real run and higher level of trading) this has turned out to be the 3rd lowest volume of shares traded in a day 154,033. We just squeezed past the 2nd lowest day at 151,659 and the lowest trading volume at 149,656. If we acknowledge the fact that nothing has changed, and the market is simply wanting a confirmation of the visuals of E2 I'm not sure I need to say much more. Not being an insider, I am in no better position than anyone else to give a definitive time line for the out standing assays. As a matter of fact even Richard may not be, if he has not received all the results. But with all the money coming into the area of Double Eagle and the whole James Bay lowlands area in general, it just doesn't make a lot of sense to cut and run at this point.



Keep the Faith

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