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: All this talk of buyout....

Has me thinking that this is what someone wants us to think. I'm not so sure that this will happen in the near term. Other players have to get out of the way first, in my opinion. Sure, the talk is heating up with Cliffs making some noise and this new 10% investor, but I'm not as convinced as the rest of you who have posted that a buyout is coming.

Having said that, I'm keeping both eyes wide open and ears sharp to the ground because no matter what I think, it could all go the other way just as easy. I just don't believe that it will.

Yet, anyways. There is still much more of this to play out, regarding infrastructure, first nations and environmental issues. I don't see someone stepping up until all of these have firm plans in place, with government onside.

But that's just my opinion.

strato

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