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: Wake up re last drill results.

"It is thought that NOT's core news was good but not stellar in terms of the platinum otherwise it may have supported the sp much more with some upward movement."

"I do not agree with whom ever that had those thoughts/comment."

And I understand your position, but just the same as when we didn't report 5% ni when that's exactly what the market, the sp didn't respond. It doesn't mean that the results aren't and commercial, just that what people want to hear and what they get are two different things. When you publish platinum in double or triple digits and then follow up with single digits it has no wow factor. Just human nature, the more we get the more we want.

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