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: FSDI update
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You all should remember, Chinese and KWG are about to do a study and feasibility. Noront was there years ago and what did that get us.

Ed, remember that the two feasibility studies are on completely different types of projects. Noront's was on a mine (Eagles' Nest) and FSDI's will be on a railroad.

Just clarifying that significant difference. Other than that, your sentiment is not something that I'd argue with.

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