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: If guessing is the name of the game; what if....

Given the fact that they temporarily gave up JJJ in order to concentrate the drilling on Eagle's Nest resources ,pointing out that the production was in sight .

Our BOD is now saying they they are pursuing other targets of significance ;

with the failure of the dip drilling equipment , according to them , only a short time set back :

i would say ,that is where my guessing start , that the drilling came up with a short coming to their expectations and that is why they searching for other ore's bodies .

The institutional investors know about the going on and are pressing the management to try and correct the situation before the SP deteriorates further adding more losses to their investments.

They ,like us , are caught into a spiral of financial negativity and if things do not improve the SP will languish at present state for some time to come.

My guessing is done and i hope that i am totally wrong.

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