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: Mergers and Private Equity.

Hi to all,

Rio Tinto and BHP Billiton moved higher today on reports Private Equity group KKR was

putting together a deal to buy their diamond mining businesses (BHP's Ekati mine in Canada).

The combined comps. will have a mkt share at around 15%.

Wisdom here?? If the expected does not show up, think the other way!!

Respectfully Inca.

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