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: Cash position?
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"Anyone care to postulate on what our cash position might be after this latest deal? My guess is around 20 million."

Of greater note is the fact that the company, unlike in most other releases of this nature, doesn't seem to be interested in divulging how this money will be allocated. I wonder why that is.

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