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: I might be crazy
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Nov 10, 2009 06:40PM
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Nov 10, 2009 06:57PM

I can't help but think that NOT must have something else of significance to report very soon. I mean do anybody really think that NOT made the offer just to bring exposure and attention to the ring of fire.....to attract the majors, or consolidation for the sake of consolidation to enhance shareholder value without something to convince FWR Shareholders that tendering their shares is the right thing to do. I mean when you consider the cost to even make such an offer. I believe consolidation is the way to go no matter what the final outcome is because if NOT is to develop the ROF, one large company would make sense; however I believe they will not make it to that stage as a major will take out NOT before this happens and the NOT BOD will want full and fair value for the ROF.....have you heard that statement before?

If NOT is really serious about the offer for FWR, then they must have something more to offer FWR shareholders IMO.

So, yes Storm it possible that NOT may have one hell of a release before Friday.

Disclosure........I own both NOT & FWR shares.

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