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: Non dilutive financing

Cinema, I would have to agree. It is time to move on. I would also suggest that a large buy back of NOT shares could be an appropriate use for any capital that is gleaned from this sale.

deputy........it will be a long time before NOT will be in position to buy back shares.

If they bought 40Mill after the sale of Eagle holding it would leave them flat out.

and what then....close up the shop? Your idea is appealing but not realistic.

GLTY and all,

Fossil

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