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: Very special thanks!

Very special thanks!

posted on Mar 05, 2009 09:09AM

Irish, thank you from the bottom of my heart for being so gracious and giving of your time. There is no possible way I or several other ROFers could have gleaned as much info as we did had it not been for your direction and guidance. It has been my great pleasure to follow you around the PDAC to everyone who counted.

QQ. Thank you so much. Sudbury novice, myself and QQ were at a FWR party of sorts. Everyone was there or dropped in for a time. QQ left us for a moment but came back in a minute with Mr. Nemis in tow. She dragged him right over to us where we were able to have a very good talk about everything. (She didn't drag him of course) The next thing you know Mr Nemis' beautiful girl Friday was there. I can't call her the girl who answers the phone, nor could I call her his secretary. She is his friend first and foremost. Great people we lost here. Integrity is written all over them.

Of course this was one of the highlights of the convention. To be standing around talking with Dick, Elaine, Gary Zack's partner Jens, Voisin and so many others. All very good people.

QQ managed to shift the party over to our corner. Don't ask me how she did it. Sudbury novice and I were treated to a wonderful and very enlightening time.

Thanks to all of our Agoracom members who greeted me so graciously.

George and the Agoracom booth was truly a friendly place to be. It was like being home.

I am just waiting for George to send me my prize......The draw George!!!..:)

That being said, I can tell you that during those first days we thought it important to get Hoov in to question individuals like Mr. Mungal in order that he could gather the info he required in order to put it all together for the forums. When last I saw him there he was suffering from information overload..lolol He was worried he'd get home and not remember everything. What a guy. I knew better.

During the convention there were many meetings attended by the various players. On Tuesday a big meeting with Michael Gravelle I believe. Representation from our First Nations was there. I was told the talks went well. Very well. What were they about? I don't know the details so I can't speculate. There may be others who know and are aware. Sorry I can't comment further.

I spent some time at the NOT booth.I waited until the various players gave their presentations. I am not going to comment on these presentations or pick them apart based on personalities. I will say that when a presenter refuses to answer a few questions post presentation, I take it as a slight or arrogance. Don't like it.

I spent some time talking with Joanne. It would appear to me that she guards the gates. She will even time a conversation that Hamilton or perhaps Mungal was having and if it went too long she would grab the guy by the arm and try to steer him away. Very protective of the BoD and I suppose taking her job to the next level.

I attempted to discuss the forum and its virtues with her. The benefits to be had by both we the share holders as well as the company but alas her ears were closed. She was in fight mode. so would not listen to reason. It seemed that every time I mentioned Agoracom she got exited and her hackles went up. I never did get my point across with her.

She is attractive and is pleasant to look at while listening to her but unfortunately her appearance does not help the situation re the forum. I will reserve judgement on her until I speak with her a little more. Needless to say, she plays good defense.

I had a good discussion with Nathalie Hansen of Melkior. She explained their position and game plan which is more than appropriate during these times. A very nice young lady who opens her beer with her teeth......:) cuts down corn fields while staking etc.. but a cool gal.

Noront is proceeding to a 43 101 for the chrome. It will take a lot of drilling as you all know. I would expect most of this work to be done by years end.

I will say this. Do not sell your shares. Sure there is competition between the plays, specifically NOT and FWR for king of the hill. The various BODs take this more serious than I do. The bottom line is that there is a huge Chrome resource in the ROF and it is my opinion that we have just touched the surface.

Probe must drill this summer to complete their last pp. They will hit Chromite because it extends to several of their claim blocks. This few holes Probe drills may just be a precursor to a sale of some of their claims. I spoke with the folks at Probe and they are very aware that the chrome tails off on their land to the NE of FWR and NOT. They are also aware that where chrome tails off is generally found PGEs.

U.C. is very exited right now. There is more than rumor that there is a large anomaly or anomalies under these lands. I don't recall if Hoov has mentioned this but I wouldn't be surprised if there is much more chrome at depth and in other areas. So when all is said and done we may have a lot more chrome than even the most optimistic are suggesting.

The majors are sniffing around. There is no doubt about it. They are not here for Spring Break. They are here to get the ROF. They want our chrome. Why when there is so much in Africa? Because its in Africa thats why.

Don't let anyone tell you different. Africa is unstable. The whole world knows this. Their Hydro is intermittent and I doubt they get much from an Electrical Grid. Some of these mines are 4 miles deep. So close to hell they need air conditioning. The other thing is the fact that so many employees die of HIV Aids every year. I have heard it can be as high as 20% and getting worse. This is very costly. Think about this issue for a while. Up to 20% of the work force. This is staggering!

So those are some of the reasons the Majors want this chrome. There are many more of course. Canada is stable. Our chrome is above average by a long shot. We have infrastructure not too far away and I believe we have a receptive Government.

This winter drill season will be very telling. At the end of this, we should have a much better idea of where we are headed. Spring is around the corner but I have a feeling NOT and FWR may keep drilling.

There is a lot that is unprintable. Just many of my personal experiences with the various players. I judge them as I see them.

I will say this. It is very difficult to respect a backstabber. Unfortunately there are one or two involved with Noront. This is all I will say about this subject. Its over now and time to move forward.

Although I am secure with my finances re this play and the ROF in general, I am very aware that there are members here who are very worried. The economy sure doesn't help them either. I will say this one more time. Hold your shares.

We must change the rhetoric on the forum. We must show a forum with hope and excitement for the future. We must attract buyers as opposed to scaring them away.

Irish thanks again. You are a great friend. Be sure to give you husband a kiss for me..:)

There will be bumps in the road moving forward to be sure but taking all that I have gleaned into consideration, I can only say that we will be investing in this area for years to come simply because we just got there and have only scratched the surface.

Remember, the Majors read the forums too. Lets keep things professional. Any issues can be kept off the forum. We have PMs and if you don't trust them for what you have to say, use a google address.

Don















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