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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posted on Aug 10, 2009 09:40AM

This means some willing investors will NOT get to pickup all the shares they'd like or in some cases none at all from the flow through deal. Even with an addional overallotment this 'issue' is evidently red hot.

Did expect this to sell out but never this fast. Guaranteed to prick up the ears of brokers and investors. Far from continuing price pressure due to investors selling to raise funds for flow thru we could see the opposite happen.

Pays your money and takes your chances, I bit the bullet and picked up more this morning at $2.31 on the suspicion a run is in the making. Maybe not today but won't be far off.

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