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: Wellington West: PA Highlights Substantial Challenges to Operating in the James

I would say it would be a little more difficult for CLF to make a "low ball offer" this time! The B.O.D.'s representing Rosau would be looking for a double bagger, possibly even a triple from their investment. Furthermore huge institutions presently holding NOT also are looking for the same return. I believe Rosau bought in and around 3 bucks. Should an Offer be made lets hope our B.O.D. not only work for themselves but also consider their loyal retail shareholders this time.

Still holding with confidence.

Cheers.

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