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: CMP, I agree
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Feb 24, 2009 07:25AM

Re: CMP, I agree

posted on Feb 24, 2009 07:30AM

"hedged or borrowed money". I think it has to be fairly obvious that whoever is selling these days are selling because they have no choice. Surely no one would be pulling money out of here to put it somewhere more attractive, short term.

We have had 3 drills turning now for well over 6 weeks. With the information from previous drilling and using gravity geophysics, they should be able to pinpoint their drilling and attain the same or similar success rate as FWR is doing. Each day that passes means there is more information in the pipeline and it will all work it's way out to us in time.

Regards

K

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