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: OT - CLF Trading Near $20
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Eerie similarity between Inco and Cliffs.

Some months(years) after Inco bought Voisey Bay for $4Bill+ (some analists felt Inco

over paid), Inco was trading around $11.00.At that level whole market cap of the company

was less than what was paid for Voisey Bay.Cliffs at $20.00 or less is reflecting Chromite value

of ROF alone, LOL. Go figure!

GLTA,

Fossil

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