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: Looks like Spider is going to try to go it alone...

I’m a little suspect of Spider having a PP at this time. Perfect opportunity for a major to get their hands on a huge percentage of Spider for little cost. Who would want Spider?(Cliffs?) Spider has 25 % interest in Big Daddy and Cliffs wants to own it all. Just a little more consolidation going on behind the scenes. Spider may be the next to go. Just my opinion but we will see. If this gets filled by Dec. 23 I suspect they have interested parties already on the hook. Expect to see more friendly takeovers occurring in not to distant future. Not’s turn will come.

Relic

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