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: Thoughts on NOTs
14
Aug 07, 2010 01:29PM
8
Aug 07, 2010 01:54PM

Excellent post, Sum, and so true regarding emotions or attachments. Right about now is the time for everyone to step back for a moment and look at their position in this company. Will being a true company patriot earn you bonus points at the end and give you a bit better return? Does the length of time you have held on pay dividends at year end?

For all the members here who have held on through all of this, perhaps now is a good time to start thinking of what they want out of it. There was so much posturing during both the FWR and SPQ takeouts that swore they would never accept anything less than several dollars/share, yet I am sure no one got less than a double on either if they used any common sense at all.

There are several differing thoughts on the journey we have travelled to get to where we are today with NOT. Whether it is on account of the manipulation to keep the SP where it is or just market conditions, matters not at this point. NOT is and has been for some time now poised for a huge breakout. Whether this is it or it is just a warmup is still to be determined, but I for one do see the stars coming into alignment.

I dumped a good portion of my SPQ returns into this play at an average 1.12, so may have a bit of a smirk on my face today, but the way things look short term caused me to be one of the bigger buyers yesterday. I expect there will be news late tuesday or early wednesday, and from what I have been able to wheedle out of the grapevine, it is going to be impressive.

At 1.38 close, and ignoring past trades, I am now completely in the money, however minor the gain is. A 4.00 SP would give me close to a triple, and I would likely be quite satisfied with it. FWIW, the chart that I have drawn in my mind shows that that figure is an attainable one in the near term, and has become my goal.

Best regards

K

11
Aug 07, 2010 04:46PM
18
Aug 07, 2010 06:49PM
12
Aug 08, 2010 12:58PM
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