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: X2 RESOURCES RAISES US$
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"What happens in any commodity market, is when the price goes up, there will be a need for new deposits. Probably the best way for a company to address this, is to not ‘high grade,’—not mine when prices are low but rather hoard.

Hoard when commodity pries are low, and sell the deposit intact when prices are high and the industry is screaming for it.

Remember the saying: Buy low, sell high. Rinse, repeat. That’s what hoarding is all about. That’s what optionality is all about.

TD: Rick Rule, Chairman of Sprott US Holdings. Thank you for sharing your comments with us.

RR: Thanks for the opportunity Tekoa."

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