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: From Stockwatch - FWIW

"The government will now have to try to persuade some other mining company to take the leap of faith from which Cliffs has backed away. "

Hello Bb;

The above is what I was trying to describe on the KWG forum. The only one left, other than Noront, is KWG, by virtue of their 30% holding in Big Daddy. There may be an opening for them, on their own initiative, to capture the support of the prov gov't. Otherwise they are dead in the water for now. It seems I was preaching to a choir.

Best regards

K

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