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: Takeover Rumour??

HI: Of that I have no doubt, but even so, they do have serious differences among themselves. A junior may not wish to follow another larger holders path for one reason or another.. Sort of a smaller ROF operation in consolidation. With us, they would wield a far lager palanca (leverage).

While we , the so called retail, individually cannot compete with them in total shares, we do comprise almost 50 % which when added to the dissident's holdings, would be hard to beat, no?? They also have their weak spots.

Just a few stray thoughts.

Don Jose de La Mancha

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