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: Chinese more likely to build rail link to Ring of Fire
Me thinks it is getting way too complex for everybody. Canada has Not delivered in almost a decade, is okay, things do happen. So here, we have the Chinese willing to build a road and RR North-South. Let's team up for this great initiative instead of keep proposing Noront' first choice. It just has Not been supported enough by government nor FN. FN will have the road going in Southern direction. The discussion on E-W road has taken too much time, too little too late, as the Chinese are here with the financing, all other options bear the absolutely required funding. Noront needs to know its place, it has handed in important royalities just to have a limited Sum to buy Cliffs asset. It has limited time to go ahead, the ongoing dilution has been immense. At a certain point Coutts needs to be pragmatic rather than strategic. I view it is widely underestimated that we take a big risk for not embracing the Chinese opportunity. If you cannot beat them, join them, co-operate and do not be silly or stubborn at the risk of having Nothing in the end. FN will have their road going in Southern direction. Gravelle has an overseeable expense versus budget, there is no other way than Smeenk' practical solution. The Chinese are ready to run the show. Canada was not. Unfortunate, but let's get over the egos, Canada has multi Billion possessions around the world, now it is China going abroad. Their turn. No shame, no shrinked proud on our behalf should be the case. Canada does Not need to proof itself in the ROF to be what it already is. Canada has never stopped being great, and this time it is great and practical to have Chinese over. They are the endusers and need it the most. Canada does Not.
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