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: Patience, or lack thereof...
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May 05, 2008 10:22AM
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I have accumulated NOT from $3.50 to $6.00 and my average price is $4.40. I would suggest that people in my position have a lot less tolerance for the delays in assays or other news than those of you who got in prior to Sept of last year. I haven't whined on this board about the delays and have defended the company on many posts regarding the amount of work it takes to bring exploration properties to fruition. Am I POed about this delay??Damn right. Am I nervous about the markets reaction to the new assays?? Damn right. I am nervous because even paper losses are hard to take. I am not forecasting what will happen and I have the strong belief that NOT has several great orebodies that may even be connected at depth. Its just that some people can't help but vent but it doesn't mean that they don't believe in this company. Some of them are saying exactly what I am thinking but I don't want to share my frustrations with this board and they do. Some pass the time posting "What if's" . WEll, if your not some sort of professional who can give tech or market info, theres not a whole lot to talk about. Herb had a good perspective about the position he is in. Don't be too hard on those who can't just sit and wait and not say anything.

Mike

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