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: Gradual or sudden change?

"Regarding predictions on NOT.V's stock price... I personally expect at least a doubling from current price levels by the end of 2008, a further doubling by the end of 2009, and another doubling a year or two after that. Eight-fold in three years or so."

To only achieve a double from $3 would rather demonstrate a lack of expected progress considering we've been over $7, however overvalued some might think that to be. This is not to say that your expectations could not be the case, only that it would be unfortunate both from the investors and managements expectations.

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