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: KWG & NOT

Today, we are looking at the largest gap in the price of KWG and Not shares

@ 11 shares of KWG for each share of Not.

The gap has been growing to present value from 7 share of KWG to one share

of Not at this time last year.

Where to, going forward? Have no clue. However, despite affects of possible

adverse decision on Cliff's Appeal and proposed Capital Reorganizatio of

one new share fo 50 old, KWG still has lot of real value. Any further widening

of the gap will leave risk/reward slowly tipping in KWG's favour IMO.

For the purpose of disclosure I presently own no KWG shares.Own lots of NOT.

Am looking forward to being invested in KWG.

GLTA,

Fossil

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