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: Decoupling Theory

Some very nice points made in attempting to explain the volume of trading and increased share prices of ROF 'players'. Without knowledge of exploration results that would tip the balance it's likely as good reasoning as we'll get.

While the 'majors' are eyeing the ROF and no doubt passing the time of day with various 'players' it's hard to point at anything more than 'trial balloons' going up and most of them filled with hot air. Discussions are a long way from letters of understanding or agreements.

So far no major has stuck even a big toe into the waters controlled by the bigger players in the ROF. Might come at any time but personally I'd be waiting for the spring thaw when temperatures moderate. Of course share prices, we hope, will not be moderate at all but HOT.

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