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 EXIT POINT - BK, JD, M1, BENST, et all

In my reading I have seen the trend verified where in mining stocks there is a rapid rise during the discovery stage, followed by a rapid descent after discovery is verified and the reality stage sets in.. (we actually have to mine this stuff...) then once the actual mining comes close to reality there begins a new rapid rise in price. Between the peak of the discovery stage and the peak of the mining stage, their is quite a deep trough.

I think NOT has a lot of discovery left, especially with windfall and other projects waiting patiently in the queu. But I am aware of the pattern. I will look for the end of the first pattern and cash in some amount at that point, but keep a core position to ride all the way with this fantastic story.

What a ride! I still think we are very much on the upward climb and have far, far to go before the peak.

BK

ps

On the shaky side... I am trying not to counth the chickens, as this makes me fearful and clouds my judgement. while on the other extreme, sometimes the new found wealth feels like poker winnings. These I have lost in the past because I didn't respect them, and adopted a cavalier attitude so that the prophesy was fullfilled; easy come easy go.

 

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