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: Cliffs on the inside... sure Samancor will have something to say soon.

"Cliffs no doubt have got something cooking for SPQ and FWR and Neil's lining up his ducks. I see a potential conflict of interest battle on horizon....or maybe Neil will be the adheasive to get the 3 amigos and NOT together on these claims. jmo"

Can't see it. Don't really see him in that position. But I do agree with the conflict aspect.....from a bidding perspective.

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