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: FWR and NOT may be a bit lower but

Sorry, but I really don't understand you.

We went down 15% since tuesday morning on low volume.

We went down from CAD 7 to under 2 on low volume.

I don't call that meaningless.

It's far more easy to put SP down on low volume, you always need big volume to get SP up.

We are down 80% since our year high. This means we have to go up more than 400% before we hit CAD 7 again !

I don't call that meaningless !

The markets are not recovering as long as US congress can't make a deal.

I don"t want to sound negative, but try to be realistic.

Our only hope is a buy-in or a buy-out.

The fact that people are holding is because they are afraid they will miss this buy-in and will loose there money when they sell now.

To say people ignoring the markets just isn't true.

They are just waiting impatiently for this buy-in/out, because they know this is going to happen one day. At least I do !

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