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: FWR-A Critical Acquisition
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Informative post, Geoprof.

You stated the following re NOT's interest:

"NOT's interest is primarly FWR's chromite deposits. It does not presently possess the resources to enter the ferrochrome market. It is a junior exploration company, not an existing producer with deep pockets. It is opportunistic and is attempting to consolidate control over the chromite deposits in the ROF in order to increase the overall attractiveness of these deposits to another party, whether it be Cliffs, Xstrata, Vale or otherwise. Failure to acquire Cliffs will essentially render the value of NOT's own chromite deposits questionable."

Don't you mean "Failure to acquire FWR ...

Jacki

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