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: Just spoke to the National Post
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Thanks for that call and making those excellent points.

His response to you about Aurelian (thought Anderson did a good thing) will be the standard one in view of current conditions in ecuador. He and others will use this, as he did, against the current NORONT board. It may even push previous ARU investors who are happy with the outcome say to themselves... hmmm good point, I think I'll vote for Patrick!

But this ARU argument is not relevant, its a distraction.

Sorry to be ad nauseum on this, but whether ARU investors got the shaft or not has nothing to do with why we want to keep what we have. We want to keep what we have because they've done a great job and we trust them - exactly as you told him! They don't need to be replaced!

Whether Rosseau or Anderson are good guys or bad guys is immaterial.

IMO

Cheers

BK

zzzz.... wake me in 5 minutes!

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