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: Is anyone here still buying? Be Honest.

"In summary, if it gets "uglier" in south Africa...the USA will most certainly act..since chromium is listed as strategic to USA. And since we are the USA's largest partner...we will accelerate the speed of development at the ROF if the USA needs us to."

That's the most naive thing I've read in a long, long time.

How long will we continue to delude ourselves into thinking these extraneous matters have one iota of impact on the ROF?

Corrosion, South Africa, yada, yada, yada.

99% of US uranium is imported. 60%+ from Russian "sphere of influence" countries and yet no quota was imposed. The US powers its naval fleet as well as 25% of its power grid with uranium and yet they're not acting and we are thinking that the situation in South Africa is somehow going to spur development in Northern Ontario. Really? Are we that deluded?

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