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: Compenstion Survey

Regarding the Compensation Survey: as shareholders, we paid for it. For transparency and oversight, the BoD should publish it. It's got to be based on public companies (otherwise the company is not a peer). All the information is public record. Disclosing the process would go a long way towards increasing shareholder trust of the BoD and to demonstrate the BoD's fair dealing with the company's treasury.

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