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: Re: PDAC Convention and The Ring of Fire..But
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JDR
Dec 13, 2012 10:37PM

"So then, I guess it's possible that we may see a 10th ROF Golf Classic in 2018 ?"

What makes you think NOT will be around then. Granted they appear to be putting all of the mining ducks in a row...but for whom? The NOT investors? Maybe not. With this elephant of a mineral deposit and the value that it has and NOT presently a little above .25, who is going to let NOT get too much more expensive before they take it out? Cliff, Xstrata, etc.? What will stop what happened to the others happening to NOT? Only one thing.....having the majority shares held by people who won't let it go for other than a fair price. I don't see shareholders hanging on if they can make some serious money.....and serious money will depend on what you paid for it. With all of the trading of shares over the last five years....who holds the power? We're going to find out.....but I can almost guarantee that NOT will not get to the mining stage without a fight.

We wait to see.

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