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: US economy: Good, Bad or Indifferent for NOT?

US economy: Good, Bad or Indifferent for NOT?

posted on Apr 06, 2008 08:03AM

IF the US economy was to turn around (based on the intervention from the Fed and reserve to pull out all the stops) would it be good, bad or indifferent for a resource based Country like Canada? If so, then would it be good for our NOT? If so, how would we know? And would it really matter if our NOT proves up its reserves to a viable mine given future reserves for the majors have yet to be discovered...do not underestimate the need for the majors to have future reserves, and do not be mistaken that they will not resort to any tatic to collect them including collusion. And do you think they want another Voisey Bay on their hands given the price paid for the deposit and the visibilty from "The Big Score". And these same majors will pull out all the stops to pay the least they can negotiate for any new discoveries; business is business and we need to trust and ensure that our management has investors best interest at heart to which I believe they do.

Now back to what if the US was beginning to see signs of a turn around (Yes I know I must be out of my mind for even suggesting this given all the negative news lately) and whether or not that would be good for NOT? Well, let me leave you with this commantary from VRtrader specific to comments from Trimtabs: (I think you will find it intersting)

"TrimTabs has both good and bad news about the U.S. economy. The bad news: Not only is the economy in a recession, according to TrimTabs, it has been in one for six months now. The only reason that this isn't more widely recognized is that it takes months, if not years, for the government to officially confirm that a recession has started. Now the good economic news from TrimTabs: There is a distinct possibility that the economy has already emerged from the recession, or is about to. TrimTabs bases this assessment on an analysis of daily income tax withholdings from the U.S. Treasury. Withholdings during March were 4.1% higher than one year ago. In terms of the stock market, TrimTabs turned bearish Oct. 15, within shouting distance of the market's top. They remained bearish until March 23, when the firm turned neutral, and on March 31 it became moderately bullish, recommending an equity exposure level of 50%."

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