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: Eagle 1 alone, nervous nellies

As much as I appreciated people's efforts in coming up with some valuation.....to me, it's all quite a waste of time.....once all the drills start hitting the ground, we will have deposits all over the place....as RN said, perhaps another dozen

It is the ending value that will count for us longs.....who knows how many deposits and tonnage that will include...it is also likely that as more deposits get uncovered, the bids with come rolling in which will undoubtably include some speculation on how much more there could be...no doubt, they will not wait until we find it all

The big move will come once it is determined that the economics are there to open one mine.....any new deposit afterwards is just gravy

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