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: Grand Chief Lawrence Martin Announces Proposed Private Rail Partnership

Two points I would make.....

1) Wynne cancelled the divestment of the ONTC when she was elelcted.

2) Suggest it would cost a lot more than $150Mil to buy...remember the amt of severance and pension benefits would have to be paid .. quotes of up to $820 Mil.

For these 2 reasons IMO this is never going to happen.

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