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: Re: Spider arranges $4.72-million private place - JDF=Old Joe - JDF

I do sympathize with your sentiment(s) on this relatively low SPQ PP Price, but as someone else just stated, We need to know the reasons behind SPQ making this move at this time.

These has been so much skullduggary happening over the past 8-10 months which is continuing to persist,ONE has to have some faith in the few that have remained STRAIGHT SHOOTERS.

Once again, there is very likely some good reason for the SPQ move but we very likely will NOT get the Full Inside Story untill all the dealing has been done and the time for justification is present.

In the mean time, this does serve to inform that MUCH IS HAPPENING right now, though too Corporate in nature to have it come out at present.

Old Joe

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