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: dundee selling 798,000

Yes BK. I've posed that before... who is buying and what are their medium/long term intentions? Indeed they could be one in the same.

Not withstanding internal attacks etc., NOT has the best plan to survive the economic winter. When the sun shines and the ice melts NOT will be king. Their plan doesn't feel sexy right now, but it represents sound business and healthy growth and announces their autonomy to the majors. It is a huge play and if the majors want in, they'll have to play fair.... at least until the next AGM. NOT's N.R.s are irritatingly dry and lacking in pizzaz, but they state the truth and if you look hard enough, you'll see that that truth involves profit at the end.

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