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: Spoke to Paul Semple June 4
No update, and I will not call on that question. From my Paul s. post you will note that Paul said he had nothing to do with at president appointment matter. I asked Paul to get Paul P. to confirm directly the NOT mine build schedule: both Paul's did. Paul p. did not address the June 21 overdue president announcement. I suspect it is because of the Ont government and it's lack of infastructure financing contribution (empty promises to date). I suspect that the Ontario governments' true financial status : near bankruptcy : ((read Mcginty Power debacle series articles of jan/13 and June/13 in national post. )). Excellent read. The real costs per Ontario Hydro ratepayers is $2,055/yr per ratepayers for 20 years (minimum). Per ratepayer, per year for 20 Years!! FYI "this $ amount is equal two Metolinks systems with billions left over. Note: you won't find these extremely well researched articles printed in the Star ; g&Mail nor commented on CBC. My point: why announce a new NOT president while there would be nothing for him/her to do? The pres announcement trigger awaits ont Power and transportation infastructure funding. Mcginty has seriously damaged ontario's credit rating and ability to borrow in a dramatically falling tax reveue ont economy. NOT financing and pres announcement await the government action. I think (IMO) that the FN support/revenue sharing model) has already been agreed to in principal. I also think that Wynne will chose an announcement time for maximum political headline grabbing to avoid a fall election possibility: early fall. I also think that the financing model is 3P, which is a way for Ontario to get arounnd it's financial funding hole. All in my opinion only. Peter
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