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: The Final Descent

The Final Descent

posted on Apr 22, 2008 07:18PM

seems upon us, atleast of this move.

Every morning the past few weeks, someone in the office hollars out "what the hell is going on with NOT?" It's good morning, computer is turned on and "what the hell is going on with NOT?"

My response lately, "if you can't handle it, get out." Followed by, "and, it will be at the point that you sell, or within a day or two, NOT starts rolling higher, much higher." People are getting antsy and that's fine by me.

Then, I suspect once whoever needs to sell- sells, we will get back to how things were a few months back. "What the hell is going on with NOT!!!!" "Why is NOT going up every day?!!!" "will I ever get to buy it back at 4... 5.... 6...?" These are the emotions the market brings out in some, most of us.... and it's OK to feel them.

When we get frustrated it is because we think we have done something wrong... we doubt ourselves. Or, we start blaming others, because heaven forbid we could be wrong. ie, management is withholding information, funds are manipulating, daytraders are working this stock etc.

All this stuff happens, and you can't change it, get used to it... this is the stock market. The rules are plain and simple, we are in a zero sum game. Everyone's money is up for grabs... someone buys, someone sells and there is a winner and loser.

The key here is the winner and loser can change depending on one's time horizon. Right now the sellers think they are pretty smart... the buyers in January and Feb thought they were pretty smart... it ebbs and flows.

If we could have frozen the price of NOT between $6.80 and $7.10 for the past 6 weeks while we waited for assays from E2, would that be any better? We'd all be moaning about the manipulation in that scenario as well.

Lets look at the outcome of this move down to sub $5.00. Many of us have had a chance to pick up more shares at better prices.

The daily price shouldn't be a measure of anyone's self-esteem or intelligence or god knows what else, some people view it this way, get rid of the ego and for godsake, be humble when NOT starts running....

Try to see the big picture... due what crazydik does, turn it off for awhile... let our team, a great team, work this propery until it is bleeding black water from all the massive sulphide hits (or platinum)... and when a major gets a really good whiff of that blood, you'll get a wake up call. Perhaps, the majors will show up in a pack, as the smell draws more and more to the ROF.... in that case... the alarm will seem like it is going off all the time.

I personally hope most of us can make it through this lull in the news. If you need support, PM a president... better yet, read back through some of this forum's leaders posts over the past 10 months. There is so much insight offered by some of the leaders here, you will be able to hold for the little longer it takes to turn this ship around. Find a favorite knowledgeable poster and stay on track when the noise gets to be too much.

Finally, the chart looks like it is starting it's final descent.... much like January's low... which helped us form our beautiful cup formation... and now, we are forming the handle of our cup.

One day soon I hope to post my own drawing, like Snug's, of our NOT tea cup, with the caption, "Your Tea is Served." (ala jsmineset gold 529.)

Most of you will know what that means, for those that don't, it means NOT's share price is about to go alot higher. That shall be an amazing day, and worth enjoying. I suppose I better start sharpening my pencil.

not financial advise, due your own dd

regards

cwallace

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