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: Three reasons to stay!

Good post Joe!

However if I am xstrata I will worry that Cliffs is prepared to "show the money" now not after commodity prices recover.

What if Cliffs buys FWR soon. Does that not shut out CVRD and Xstrata?

Please tell me what I am missing here in my exuberance.

SN

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