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: i just dont get it

Hi fish02,

I''l give you my quick two cents... The news on WL is good, and if WL was still NOT's main play, I think this news would give the share price a good boost... But it does not tell investors much about the volume of gold at WL, just that they have found more gold, so its positive impact all other things being equal, would be limited.

Unfortunately, we are having too much success with NOT. There are too many good projects crammed into one company right now so DE is ultimately in control of NOT's share price right now... This is why Nemis wants to split the projects into more than one company.

The other thing is that what we call the "glory hole" which returned nearely 1800g/t over 15 ft has established a very high precedent for NOT regarding its WL project. The market is not rational, and NOT is now going to have a demonstrate a lot more of the potential of WL for the market to really buy into in major way. We are anticipating that the ramp will accomplish this to large egree... keep your fingers crossed.

And... DO NOT SELL!!!

Hope this helps you...

Regards,

B. 

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