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: Re: Why do we want a buyout, or even a buyin?

Hey MM,

With all due respect I realize management hasn't exactly earned our confidence yet. We don't know how morally or ethically responsible they are but we do know they will be as greedy as we are by wanting to get the most for themselves (and us along the way). There is a huge difference between a 'buyout' and 'buy in'. Diamond Fields offered a buy in in part to 'protect themselves from a hostile buy out by making a deal to retain the voting rights in return for $$$ and a small % of the assets for 20 years.

As far as developing a 'mine', I doubt it. All we want is to do is define our resource and get an idea as to its value and 'let the bidding' begin.

As far as how long this will take... my view is sooner rather than later. Why? Well, you know the old adage' sell in May and go away'. You know this time you would have missed a five bagger so that strategy would have been wrong but wait.. it still may be OK cause I personally think we will miss a bigger run up from now till November as we aggressively drill the s... out of the ROF AND get some bidding going from those wanting a 'buy in'.

This 'lady will be revealing herself faster than... you finish the rest.

Just my take on it.

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