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: I've stayed away for a while, but these latest releases deserve a comment

On reviewing yesterdays release I asked myself the question" why are we only putting eagle 1 into the mix", surely by the time you add in all the other areas we should have a resource that would at a minimum, give us a 20 year life span. Plus no mention of the Provinces part in the infrastructure or the railroad thats being worked on by KWG.These may be intangibles, but when the Province puts the ROF into their budget you gotta know that something is definitely on the way.

Then we get todays release and after reading that info for some reason my sphincter started to tighten!!. I've gone over both releases in detail and my opinion, for what it' worth, is that we're about to get a royal screwing of "Aurelian" proportions. Our only hopes, if that's what you call it, is that Anderson et al at least get us over $5 before dropping the hammer.

When you add up everything that's happened since Richard got turfed we, i.e. the shareholders have been bent over a barrel by the BOD and their lackeys. Okay, it's great to read all the comments from the GEO's on the board , always positive always giving hope. Yet here we are at $1.20, I don't know about you folks but the family is in this to make money. Nice to know what we have but if we don't all walk out of this with $$$ in profit then really who gives a flying ..... about the geology.

Hopefully I'm wrong about the above and I'll be the first to acknowledge it, but all we i.e. retail can do is sit back and hope for the best.

GLTA

Joe

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