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: Food for thought

Not a big fan of the SP action lately. It seems to me the houses buying the big chunks on the bid are just turning around and selling them at a slow bleed to knock the price down. Yeah, they take a small loss but they can more than make up for it if they can buy way lower once they shake some retail out. It is just becoming more and more obvious now with this news drought. However, I am still very strong and long on NOT. Nickel looks very good (see my last post) and Noront is one of the very few juniors sitting on a sizable high grade deposit. It will get mined and sold, no worries there. Just when will we light up is the question. This year seems as good as any with our HUGE exploration program and CLF gobbling up the appetizers. Can't wait till they take a stab at the MAIN COURSE! Keep your chin up, this BOD ain't selling out cheap. If Parisotto pulls out another Arizona Star, we are in good hands.

GLTA

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