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: NOT and PGM's

NOT and PGM's

posted on Sep 27, 2007 10:11PM
The news of Sprott is very good sign of NOT now being on the big boys radar screen. We may be running out of time to add shares to our portfolios IMO.

Also the early exercising of warrants just one more sign that management is working overtime to enhance shareholder value. I love this company. I too have been selling other stocks to add to my positions, and plan on continuing while shares are still cheap IMO. Hopefully I can get a few more shares tomorrow. This is a winner guys

Let's not forget, this company has 13 projects. 4 projects are advanced. RN has plenty of ammunition, I'm guessing he's "locked and loaded" with a steady stream of news from these 4 projects to keep the shorts on the defensive.

The icing on the cake for James Bay is the PGMs IMO. Below are some PGM links I found interesting:

Notice how all the mines in this image are in a circle,,,hence ring of fire

http://www.platinum.matthey.com/imag...

I've been reading up on PGM's and am inclined to think we at least have a deposit that may be similar to North American Palladium's Lac des lles mine. I've checked out all the news releases going back to 1999 from NAP, and none of their intercepts have anything close to NOT's Ni and Cu percentages. Nothing even close. They started with a open pit in and have since gone to the high grade underground zone. Averaging around 6 g/t Palladium( credits for other metals included) Another interesting thing is the mineralization follows a fault line,,,so all this talk about width may not be much of a concern. This could explain why the step outs to the east and west have missed mineralization so far. There's a great 3-D diagram showing Lac's mineral zone. In any case, I'm just trying to get an idea of what we have with my limited knowledge. But from what I can tell,,,,our grades are way better than anything NAP had. I'm sure we caught NAP's attention. And I'm also sure RN and crew are getting a good idea about our geology.

NAP image mineralization: http://www.napalladium.com/explore_l...

FROM NAP SITE "The Lac des Iles open-pit and underground mine, located 85 km north west of Thunder Bay in northern Ontario, is among the largest palladium mining operations in the world today.

In addition to core palladium production, our profitability is strengthened by a significant contribution from by-product metals including platinum, gold, copper and nickel. "


Sep 28, 2007 03:00AM
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