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: Well....it looks like

a step in the right direction but I think they've mixed a little quicksand into the road ahead. Nice hike in the sp but I think some realities are going to slow things down a bit. The costs, time, increased debate and entities involved over a greater number of variables and a later than projected startup as a result. It looks like gov't has just made it look like they did something when in fact they've slowed the whole process down further. They've given the go ahead but predicated it on satisfying even more requirements than before. That's not really a clear approval and ticket to ride. It sure is going to make for an interesting book. The plot thickens.

To me it does indicate that something will happen one day and all who are paying attention should begin to acquire shares.......if ya know what I mean.

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