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: Three reasons to stay!
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Mar 23, 2009 05:39AM
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Mar 23, 2009 07:46AM

Don I know the Management from Sudbury was up to visit NOT about a year ago but that was with respect to Nickel.

Now that Chrome has been discovered in such quantities and qualities, I suspect that the head office guys who are knowledgable about chromite are leading the talks.

CVRD is much better financed than Xstrata but Xstrata just raised some $$$ in London. Did they do that so they could talk to FWR?

As a shareholder I am obviously looking for a bidding war. But in spite of my bias, it just doesn't make sense that CVRD and/or Xstrata would let Cliffs or the Chinese steal this out from under their nose. There are too many advantages for the 2 Sudbury companies because of their current operations here in Ontario.

SN

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Mar 23, 2009 08:12AM
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