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: There's something missing in today's news

With 307M shares outstanding I'd clearly would not accept a price of $1.45 per share (~$460M valuation) for this once in a lifetime resource/opportunity.

Imho there should be a much higher valuation achievable (and in order price).

Think Diamond Fields/Voisey Bay over 22 years ago - factor in the worth of money, inflation and buying power of today compared to the blue sky resource potential (currently 60B - other sources believe a multiple of that) and I am seeing a very different picture - especially the longer the story NOW has time to evolve and build itself.

NOT.V can now finally become the story stock I was hoping for so long.

In retrospect:

Diamond Fields was taken out for $4.5 Billion (in 1995!!!) in a bidding war; The potential for NOT.V respectively the ROF is much larger - even if the infrastructure challenges are also that.

A short reminder - Voisey Bay added about 20.4B to the GDP of the region - what's the ROF's potential?

http://www.visualcapitalist.com/the-story-of-voiseys-bay-the-discovery-1-of-3/

http://www.visualcapitalist.com/the-story-of-voiseys-bay-the-auction-part-2-of-3/

http://www.visualcapitalist.com/the-story-of-voiseys-bay-todays-mine-part-3-of-3/

 

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