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: My take...refer back in August

NOT will continue to descend somewhat over the summer. Economies are really shakey under economic instability, markets are diving, NOT and material information will likely be down the line. Expect a return to previous summer lows. The latter is my take.

I find the perspectives of others concerning long term investing rather interesting. While I do subscribe to the idea of long term investment, considering that it is the first rule to protect one's capital, long term investing while sustaining significant loss of investment capital would only be appropriate for those who could tolerate losing it all without any attachment to it. Under the latter circumstances I would accept that position. However, under that condition it is not investing, it is completely gambling.

Check back in August....we wait to see.

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