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: NOT/FWR Merger

NOT/FWR Merger

posted on Oct 09, 2009 04:51PM

Strictly looking at the volume and price of FWR, I believe that the institutions that are supporting this merger are feeling more confident that this will happen as the gap between NOT and FWRx4 is closing pretty good.

We have traded over 18M shares since Monday. When the circular comes out next week, they will give 35 days for this to happen. If the pace of shares sold keeps up, I believe that there will be enough FWR shares in the hands of pro merger groups to make this happen.

G.

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Oct 09, 2009 04:53PM
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