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: Re: Just what is the Development Corporation

"When will there be a full board?

The board may be expanded to include additional directors as appropriate. Developing and finalizing an agreement in principle with key partners that includes the composition of the board of directors will be a priority of the development corporation. "

Goodheart-r, I can only guess that you obtained this information from a government website, judging by the repetitive dribble given to intended reader. Especially when the responses to the questions asked are so short and vague that they lack any degree of substance. Clearly the answer to the above question indicates that the province has no intention of moving fast or telegraphing their next move with the DEVCO ahead of the EA results, which we hope are pending sometime before the end of this year. The door to the ROF is unfortunately hinged to the EA and will not open until all parties (FN, PROV., FED., environmentalists...) see a positive result. Throwing public money and resources around at something that is not a sure thing and then making it publicized is not a wise maneuver for any government MP, Premier or PM, so I think we all can expect very little in the way of information or progress from our governments pre-EA; IMO.

TM.



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