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: Reply to the OSC.

I think it would be necessary to prove intent and collusion. This can't be determined strictly by looking at trades, however much we are convinced that the patterns seem to indicate this. I believe in your assertions of manipulation as do many here but proving intent would be a significant involvement I would guess. I wonder at how motivate they would be to look into this. We may still be in a period where it is desireable by some to have the sp down.... at many levels. Until that time I think we will see more of the same. However Mon. could be the day for movement. We won't know when they decide to let'er rip until they do.

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