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: Question/comments re: buyout in next couple of years... - Shakey

Great thoughts pymmer. Lots of scenarios you've posed....but as usual we have to wait to see what the various interests have in mind as the "variables" reach their actual values in the NOT equation. There was the expectation that our recently former CEO would take us to mining but circumstances now dictate otherwise. Where will "leadership" take us from here? Will RCF and Baosteel intensify their interests in NOT or will changes out in the land of commerce bring about other opportunities or mandates that affect their priorities. Possibilities are endless.

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