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: Some thoughts

Personally i think the assays we just received from Blackbird drilling were used essentially to keep the scent from the wolves (regulators)(these were as Joe says not due for release) , there's been some great volumn days with no news what so ever coming off of the XMAS shut downs but we were never halted over it, volumns have been increasing with steady sp appreciation, all with the rumor mill in full swing, perhaps this has just been thrown out here to counter the rumors of E1 activity, to avoid an unneccessary halt. time will tell. The run up IMHO was partially fueled by rumor, specuation, positional accumulation activities and buyers returning to market looking for a good safe stock. All just my opinion of course.....

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