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: OT (sort of);Windfall- EAG; what is happening?!?!?

Hi Trace,

Just to be clear, RN & JH are nominated to the BoD and will be voted on tomorrow at their AGM. Obviously they'll get in, but just thought I'd mention that.

And if I recall, sometime during the proxy fight, when our SP was $1.50 area, I think, Windfall was priced in at a dime of the SP. I wonder how much it would be priced after today. Anyways, NOT still has the option to hold 25% of WF, should they choose to do so. Or just take the 2% net smelter. If it's me, I take the 25%, but I'd take it last week if I could. Unfortuantely, I think that NOT has to wait until June to take the option. I think. Someone here can verify this I hope.

strato

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