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: Well.....

Interesting that NOT came out with news today....a few days after the rape on the SP....and a couple after a bit of a recovery on the sp. Was that recovery because of the news coming? I saw NOT appear to stabilize so I bought some shares to get back in also with an order on a lower bid. Will I get filled on that bid do you think? Will this news bring about more recovery to our sp or just a yawn. I think we'll see some advance and I'll miss getting my fill at .59 unless there is an initial dip to shake off the optimistic. But the real deal is if this is the first in a series of announcements preceding something from other entities. K doesn't think that the budgets will contain anything ROF and he may be right but I think he also stated that the budgets will be used to grandstand and the ROF is pretty sexy grandstanding if played right. As we all know NOT has barely scratched it's surface and look at what is there so far. With all of the buzz around CLF, NOT is certainly not the homely sister....er brother. NOT also has a plan to use a slurry line so they can function much more economically and quickly than with CLFs plan. As others have hinted CLF can't possibly be running obliviously of what NOT is capable of which begs the question.....when will they make their move? Many think that there is not the room for two producers....so who will win.....CLF or......Baosteel? Curious about tomorrow's response. We wait to see.

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