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: Somebody wants to buy a lot of this stock....

The Wasserman initiation report on page 15 values NOT at $5.6 billion or $4.75 per share. The "blue sky effect" for additional discoveries could double the value in advance of the expected 43-101 sometime in early 2008.

Also, I am wondering about the value of the rhodium, that is not factored in the value of NOT, will do the value should the assays come back with good results. At US $6,800 an oz it does not take much to increase the value. And what about holes 20 to 29 which are pending and according to the report have mineralization "clearly visible to the naked eye in the drill core." I wonder what this will do to the value of NOT. Or are these already priced in.

I did find the report very informative and I believe the new investors should read it as it gives a good picture of NOT's activities.

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