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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The gap theory does not always work. If the up gap needs to filled, what about down gaps? We have lots of them last year. The latest one was at $2.21 on Sep 8, 2008. How about we set it as our target this year?

0.63 to 0.58, about 8% downside risk from here.

0.63 to 2.21, about 251% upside risk.

Which risk you'd like to take?

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