Why I invested in NOT

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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goFWR

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Why I invested in NOT

posted on Nov 02, 2010 06:36PM

I have a boring job - I need some excitement - going to the casino to win a few hundred bucks just isn't cutting it anymore - and it gets tedious checking those 649 tickets every week.

NOT just released that 43-101 that estimates $0.5B in NPV. But the really cool thing for an adrenaline junkie like me is that it included this little diagram that says a 30% increase in product price (they used $9.08 for a lbd of nickel) increases the NPV by 100%.

This thing is leveraged to pop! The CAPEX costs are pretty much fulfilled so any further finds flow straight on to the bottom line .. times 3! Overall, I can't think of a better way to get excitement (I'm breathing heavily in anticipation right now).

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