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: Letter from Richard Nemis
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In as nice a way as it could be said this is putting the BOD on notice that if they try any funny business there will be repercussions.

Now much as I don't want to be forced into a Retail Shareholder REVOLT it does make a lot of sense to let Management know that there is a very real sword hanging over their heads.

It is early for Glorieux to take on preparing a Retail Shareholders protection GROUP (RSPG) but it's got a lot of merit. Maybe Retail Oversight Attention Resource 'ROAR'

If Management was threatened by holders of 30% of shares (Big Guys) then if we could show representation of 40% of shares (Retail holds what over 60%?) they would have to PAY ATTENTION.

Have to mull this over more because it could be done and not necessarily involve much expense.

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