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: Since we are dealing with the unexpected today ....

Getting more on credit than we were willing to pay for with dilution at 90% less than when we first tried is worth the 5 year wait to own now. We have many billions of proven reserve to leverage for a way out. Give 1/4 the chromite to FN, would still make me happy and another 1/4 each to the feds and provs. Just no more dilution of my shares is what I like most.

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