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: Mutual fund data March 24

The last time I updated this was in June 2010. See below

"update from May-14.

Fund ownership was 12,268,100. fund trading activity 2.1 and a buy.

update from June 13

fund ownership was 9,947,600 a decrease of 2,320,500.

fund trading activity is 2.6 and a hold."

The new update as of today is below.

fund ownership is 1,680,000 a decrease of 8,267,600

fund trading activity is 2.5 and a hold.

I would certainly like to know what the institutional holdings are as of today.

I highly doubt we are still at the 59% level.

RR

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