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: NOT,Early 2011 to present

Majority of NOT's moves, up or down, from early 2011 to present were speculative

in nature IMO. Even the sharp rally in Nov/2011 from low 50 cents to 94 cents is

to this day unexplained. I feel that because of heavy trading volume that month

it was possible for RCF to accumulate 20 Million shares and to finally breach

10% treshold in March of 2012.

I do NOT see this move as speculative, rather I see it as ongoing adjusment

to a brend new reality/paradigm.

At some point TA will reestablish itself. When? Time will tell.For now let the

adjustment continue. GLTA,

Fossil

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