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: The next AGM

A short reminder:

We will not have any share dilusion..we have enough cash

We voted down their raise ...they voted in a Xmas bonus

We will concentrate on nickel that is our future, ...now it's chromite

A year ago our share price was in the range of $1.25-$1.30....now .43 1/2 cents???

A year ago we were an exploration company...now we are a mining faction

A year ago we were a stand alone company ...now we have a 19% partner (Baosteel)

This is not bashing ..just the facts Ma'am, just the facts...book 'em Dano

Have a good weekend,

Dennis

TOTB

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