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: Today

A dispute between management doesn't explain the SP bump. if you merged the events together, Bump in stock price, JJ leaves, Probe Noront deal, could this be a likely scenario? Probe and Noront make a deal. JJ leaks the information before today's NR. Stock price jumps, JJ is asked to leave. NR.

It is good news if BOD and retail interests are aligned.

Questions:

Where is Wes in all this? Is Wes next to go? Wes is a development guy. Is Wes aligned with BOD or Management's interests. In the previous news release Wes said he intended to explore regional targets. Was this Wes or BOD's words. Wasn't Nemis released because he too wanted to explore regional targets? This must be a different BOD then before. Does management feel they have a mine worthy of a economic development yet? Which will do more for my portfolio, double current Eagles Nest nickel or an equal amount in a regional deposit?

-sg

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