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: House Positions

Thanks Maureen! National Bank was not an aggressive seller today and the price went up a few pennies. Many investors were waiting to get their bids hit but once this stock starts moving up in anticipation of hole 49 assays, you may get a few people chasing this one as they do not want to get caught out of position when those assays come out. I hope that National Bank is really done their aggressive selling and we can see people fairly competing for shares!

Glorieux

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