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: Some perspective here

googleeye you are correct in that everyone (who counts) know, no problem there. There are many issues that affect the share price

1) great ore, good grades with platinum group metals, a large plus

2) if Cliff can economically get in place the infrastructure, that will be a huge plus since this is one of the key factors holding everything down. This infrastructure is still uncertain; native rights, environmental, how do you actually build in what is a huge wetland; I suspect infrastructure will come but with large delays; that's just the nature of these things with so many parties involved. Get going is the key!

3) chromite deposits are great and will co-sponsor costs, as well as create jobs and help gain government supports, a great plus

4) still far below economic tonnage of nickel ore; there has to be enough for at least 20 years of mining at a rate of about 30 to 50,000 tonnes of nickel per year. The region looks promising, but suspect that NOT will have to deal with others who will also find nickel. That is just a good thing, the more you find in the region the better chance of economic developments. Nickel can and will pay the bills, chrome probably boarderline

5) there could be a backlash on environmental issues and they may slow things down, but should not be show stoppers. All involved up there have to operate and behave with the environment on top of the agenda. It does not cost much(in the big scheme) to look after the environment, but mistakes may have huge implications. With so many groups operating and they all are in a rush when the weather and conditions are right, so there could be slips, should not happen

6) all the talk about manipulation etc has no impact except for small variations on a daily basis. If you are a day trader you probably are affected(plus or minus) but over the long term it has absolutely no impact.

7) native issues, it is just the reality and yes they can slow things down by a lot. I think the mentality of quick riches and all the hype, has created a lot of over-inflated expectations among many so-called 'affected'

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