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: Miner plans on shipping chromite to Asia

Jeez, guys; Pay attention to what is happening. You are (or should be) invested in NOT, not CLF. This is creating a huge opportunity for NOT.

The story as we understand it, is that CLF is going to build a smelter for their chrome, while NOT is going to concentrate their nickel and ship it to a refinery somewhere. Not has no plans at present to process their chrome. Based on this, let's let CLF go through all the pain and effort to get an ok to ship some of their chrome offshore. If, after all the effort that will be required, they succeeed in some sort of licence to do so, it will be a simple matter for NOT to suddenly decide that they can mine a bit of chrome along with their other minerals and ship it to (Baosteel?). AND CLF will have done all the dirty work to make it possible.

Anybody smell a stinker coming?

Best regards

K

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