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: Interesting re Cliff's

The trading of the shares speaks volume .

The " Pro and the Against " the takeover know which way the voting is going to go and this is why the trading volume is so low .

CFL will probably extend the offer in order to affiliate most of the dissident SHs in a peaceful manner, after that the dissidents will be compelled by court order to give up their minority position and their shares.

If Cliffs will be able to secure an open pit permit , the Noront chrome will be sitting in the ground for a very long time , but this does not mean that they don't want it .

They will be looking for a bargain price few years down the road .

Would the open pit permit and mining become difficult to achieve , than Noront chrome underground mining will first thing in their agenda and played well by our BOD we will be reaching for the stars .

Happy and Prosperous Year to all.

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