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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Not surprising that someone/agency sees greater potential return on investment (indirectly) in Mexico. Despite all of the media hype regarding "narco-terrorism" in isolated areas of Mexico, it's probably still easier to operate and negotiate there as compared to the situation here in Ontario. I hold shares of a few Canadian precious metals miners (First Majestic and Timmins Gold ) and explorers Kootenay Gold and Silver Bull Resources and they all have excellent social licence there. The government and local communities are receiving their non-exorbitant fair share of the pie, and are extremely happy to have the high-paying jobs and local infrastructure benefits . Interestingly, the CEO of Timmins Gold is a good 'ol Northern Ontario chap from Timmins Ontario...classic example of the Export of our native/homegrown talent seeking greener pastures where opportunities are unencumbered by seemingly insurmountable indigenous concerns and over-regulation by government .

...and yes I often ask myself whether it would not have been more prudent to have invested more of my hard-earned monies into those companies rather than the R.O.F. The geopolitical shennanigans that have played out for the last four years in Ontario/Canada are certainly affecting my current and future investment decisons.

Cheers,

Luker

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