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: 20 million tonnes

I notice Yangzhh's post was very well recieved regarding falling in love with a stock. It mirrors my own participation other than the fact that he is more astute than I am because I am still floundering in the red on NOT. Still in love and hoping for the best even though I have lightened my position to get into other opportunities. Having stated my bias towards this stock, I must caution myself and anyone else that cares to listen that comparisons to Voisey's Bay are just not realistic. This is not my proud Newfoundlander bias, this is a factual stance. The ovoid at voiseys bay is a 32 million tonne easter egg buried just at the surface and is high grade. It is currently being mined open pit( albeit stalled a bit) and is really close to port. Even though the ovoid was discovered when Teck bought their 10% share, make no mistake that the Eastern Deeps blue sky effect was already hovering. The end result is approx. 140 million tonnes at 1.6% Ni and a whole bunch of copper and cobalt.

What we have is 3 million tonnes so far and what I think is another 10 million guarenteed in the deep blue sky, just waiting for enough data accumulated for a pro to stick his John Henry on it. We have the huge benetit of PGE's and the "R" words to make this a very lucrative mine. We have the benefit of an efficient and economical surface infrastructure arrangement and the transportation infrastructure will be put in place and we just have to pay passage.

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