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: Power plan just months away – by Kris Ketonen (Thunder Bay Chronicle-Journal )

My feeling is one big issue will be environmental. NOT will pass on that. Also, the US of A seems to be slowly crawling out of the crater they are in despite all of their financial issues. This may well bode well for CLF. China looks to be chugging at 7% with party policy support for growth. The European Union, while mired down, will more than likely continue to exist, and if all of the above works out appropriately, material prices should improve. All of this will bode well for the ROF. As far as party politics, I don't think it changes things much in the long run. They will need a railroad and a road. Both. The semantics of how that comes about will be interesting indeed, but happen it will. I haven't mentioned the Natives. OOOPS.....:) Have a happy Sunday, the sun is shining in Suds, the ground is covered with fluffy white snow, the Doves are on my windowsill, and as someone said and I paraphrase, "All is well with my world".

vermillion.

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