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: Summertime Blues

In Cannaccord's Red Baron Report issued today this is what they had to say:

"The Canadian junior markets this summer are what most investors expect to see...not a lot. Liquidity is down and up until recently there have typically been more sellers than buyers. It certainly appears that the worst of the summer doldrums are behind us as the smart money maybe starting to accumulate companies that appear undervalued and have upcoming milestones in the remainder of the year. Although they sense we are off the bottom there is no sense or urgency to back up the truck etc."

I'm sure the BOD is aware of the summertime blues and why issue a PR now when you may not get the best bang for the buck. So go enjoy the summer instead of watching every tick of the tape and complain about no news. Smart investors are accumulating and what's in the ground plus more to be discovered will not go away.

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