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: Don't ya just hate that.....?

"If O.J. is correct, something else is acoming that would explain today's move. I still don't buy today's NR being enough to explain the lift"

Well, if that is what Joe is saying, then I agree with him.

There was something in the wind at year end, and although it was near closing, it got shuffled aside for some reason. Regardless, the rumors I was picking up then have all basically been mentioned in this release, but with a lot of meat still to come. The idea that it was on the table, and now is back, says this could be the beginning of what we all know has to happen, which is that at some point the powers that be have to stop belittling what we have, and start the long run up to what they want to get out of it. Isn't the 43-101 report about due(45 days),and aren't some first assays due out of AT12? Remember, they know where the good mineralization is at AT12, and there were apparently some impressive geophysics done on it at start of winter. One good hole is all that is required for liftoff.

But new hits are all speculation at this time. With a feasible mining plan, there is justification for a 10% insitu on Eagle1. That relates to something like 4.75/share. That is the short term goal for us by end of May,2011. You heard it here.

Best regards

K

P.S. It really is good to see Old Joe back.

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