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: The gov't has said...

that it wishes to support northern growth and infrastructure but it awaits contributions from parties involved. Now Clf comes out with a number for what they will contribute. The pieces of the puzzle come together. NOT has provided an idea of what they will contribute. China? Oh yes I think so. I believe the puzzle is almost complete and with CLF and NOT looking to actually operate mines very soon I suspect much more of this puzzle is in place than most know about.

As for K's post about Clf and NOT coming under one umbrella operation with NOT's handlers at the helm...it doesn't make sense to me other than NOT's "handlers" would be puppet for Clf for the purpose of dealing with the FN. Just my opinion. If the latter were the case I would then be concerned about how NOT investors would come out of this arrangement.

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