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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For all practical purposes I have not got rid of any shates since about 2009 But Aquired.

Yes I sold some since then but not only replaced them at a lower price but am holding way more as a result.

Not to be glib but I welcome sp going down when I have a few dollars in my accounts.

As for governments and natives, it was no plan, just unwillingness to cooperate.

Cheers.

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