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: Future owner of ROF ?

Clf as a takeover target has been well discussed..but whoever wants it will have to wait a bit longer till the "till" is almost empty, because they are (clfs) good at picking smaller targets and completing aquisitions in a timely and cheap way. The major who wants clf is in no hurry and will let clf keep going.

Getting Clf's at a 20% premium at any point in time is quite ludicrous however as they are continuously adding value. They were at $125.00 at one point droped to below 40.00 during the ""recession"" and are now above 60 again in a very short time. They are agressive/hungry. This is a $100 company......the market just has to catch up.

imo

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