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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: RN interview and missing result from Eagle 2

After hearing the selling by Sprott of their total holding in NOT (9% to 12% of NOT's oustanding shares), delays for all those results for Eagle2 since March, the selling of a few 100Ks shares by Richard a few weeks ago, cannaccord knocking the SP down, the global crisis (Motgage and credit crises), and so on, I do understand that some retail investors are a litle weary of the present time. Many unanswered questions are also floating.

I am still confident that NOT will come up with some interesting results, but on the other hand, we must never forget that this is a very speculative investment that we are in. You need lots of nerves and even more patience; the ROF is just at the biginning of it's exploration. All the best

JH



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