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)

Free
Message: Mac Watson: "It's huge dilution. I don't quite understand it really,"
Dec 03, 2009 08:49 ET

Freewest Announces Increase in Purchase Price to $0.90 Per Share for Acquisition by Cliffs Natural Resources Inc.

So CLF is buying what would have been new FWR for .02 above market ( .08) (CLF said shareholders could keep it at .15 in previous offer). Looks like NOT will get control with this; NOT and CLF will talk.

Regards

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