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: Misfit's musing on the Noront - Freewest festivities

Some nice ideas Misfit. I'm not sure that FWR will be in for the plummet tomorrow, at least not on it's own, as there have been a number of publications of Mac's words against the NOT advances. It's been known since the NOT announcement that FWR would not be looking to accept this offer. Today's announcement was just a formality. However, I do believe there will be some manipulation to try to start the hurd running. We'll have to wait and see if this takes place. I likewise don't see NOT's announcement today doing too much for the sp but for the opposite affect of manipulation as would be applied to FWR. The news is good but still not clearly "barn burning" in nature. It's nice but it isn't 5% ni over large intercepts or big gram numbers for gold, as they describe it as low grade. Again it is all very supportive of a major multi-metallic mine.

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