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: some rough numbers
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Jul 08, 2013 01:21PM

"Obviously you do not own KWG. I own both KWG and NOT. Both are tremendously undervalued IMHO. With respect to KWG you mentioned only one of three significant assets. Not only do they own 1/3 of the Big Daddy but they also own 80% of Black Horse which might end up being as big or bigger than Big Daddy or Black Bird, and they own 100% of the lands where the railway or road will be situated which may be the most profitable asset in ROF."

Hard to put a value on "might" and "may". Many are strictly talking proven value, not blue sky. If we were to add blue sky, Noront, being the big land holder would trump everyone, by a long shot. You can't compare the two companies. One is hoping, the other has already proven up their resources. GLTA

djje

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