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: Re: Raising the Bar (SP) with high sell orders!

Good deduction Glorieux,

IMHO DE2 is much more than we suspect. It appears to me that they are drilling DE2 in order to include it in the 43 101 to show tonnage.

The only issue I have at this point is that I do not believe we require the services of JPM especially after reading that article re RAGLAN etc. that was posted yesterday. WE have had no problems with IBK. They even invited QQ to the luncheon which was very gracious of them. That's an open door policy I can agree with.

I am hoping to see an nr today or kept busy by viewing the luncheon video we are waiting impatiently for or/and some kind of an update through agoracom.

Prove to me that no news is good news....Don



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