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: NOT is not building a mine...but the longest trough....

Sum: you said:

"Now they did mention "perforance based", just not what kind of performance they might be expecting"....... "Do I rant unfairly?

Yes' you do sometimes:

Consider that these performance based options may be to reward the long suffering consultant/scientists/enviromental/lobbyists who will only get justly rewarded if the EA gets approved in Aug/Sept.timeframe ..... in lieu of cash/salary in a tight cash flow period.

PS

I think that the new directors' appointments' mine-build/operate experience speaks loudly to the NOT building of a mine and building confidence in the forthcoming mine financing-funding sources.

What do you think?

Peter

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