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: Hypothetical Question?
5
Apr 27, 2008 03:29PM
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Apr 27, 2008 04:28PM
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Apr 27, 2008 06:23PM

Interesting question in that I faced the same decision at the end of last week. I had 50% ROF holdings invested in NOT and the other 50% spread among the other area plays. I put my new money into FWR and WSR.

FWR because they are due to report shortly with SPQ/KWG/FWR assays and because they have some very interesting anomalies on their 100% owned claims. Also because of Windfall, Clarence Stream etc.

WSR because Richard recommended them as a good area play and because they have 3 current JV's with BMK, NOT and Metalex and they started drilling at the beginning of April. While they recently underwent some share dilution with their new offering they are now fully cashed up with $14M in the piggy bank. Also Sprott and PNP have been buying.

Today if faced with the same decision I would probably work NOT into the purchase because the shares are a screaming buy.

My opinion only.

Mike

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