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: As Noront and Cliffs are talking

BIG QUESTIONS???

Will Cliffs and Baosteel work together on two mines or will they fight it out over the purchase of Noront and sole ownership of the resources. What will be the final price or will Noront be a joint party running the Eagles and Cliffs the chrome with Baosteel as world supplier and Cliffs North America. ITS happening and the finished deal for Noront could be very prosperous. Will Cliffs want to have partners or go it alone? The best for everyone in the long term is a multiple mines and company investment but Noronts resource as quick capital return could make a buy interesting for both. The orchestrated drop in SP is intersting for initial bids. Final price....??? There are two majors that must be thinking carefully. Would Baosteel and Cliffs work together to take over the world supply. Right now I like the fact that we have experienced greed running Noront with lots of expensive options/warrants all the way to $5

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