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: Re: Further UTM co-ordinate system information /Trading Action

I think NOT trades outside of normal market conditions..primarily because it has a significant speculative side to it still...albeit less than a few months ago.  I find the spec stocks tend to move to their own drummer, based more on rumor and news so they can zoom up as the market zooms down.

As an aside..NOT was due for a correction..a number of the good drill holes have apparently been priced into the shares, but to be fair the more the drill holes the stronger the support level should be.  I "personally" feel we are undervalued now.  The 5.00 threshold will be a hard one for shorts and manipulators to breech.  We're just waiting for another flurry of the events to happen,  or "rumor" of a flurry of events in order that the price can be elevated, most likely above core value, but not likely above fair value.  NOT has been holding price wise with the news that has been coming out.  We're not rocketing anywheres that quickly.  The initial liftoff came from the stock being undervalued and from new investor interest due to the DE discovery and increasing Windfall samples that have been exceptional.

I'm looking for an up week...notwithstanding what the macro-economics throw at us.  Don't forget that Monday is Thanksgiving in the US.  Will be no U.S. trading.  We'll see how much NOT is being traded within Canada.  It will be interesting.

MM

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