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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This is totally not unexpected. In fact I thought we would have seen this one first.

In retrospect they probably played it right, give us the good news and then the options news as it softens the blow a little. IMHO these guys get way to many shares and options. I'm curious to see how the 3 million shares are divided up.

Probably no more news until after the canadian and US holidays are over.

Tues at the earliest if we are to get any more news.

regards

Storm

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