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: Canaccord, NOT and RBC...

Hi popngap,

I think the important information is that Canaccord are buying and holding and expecting significant returns within 12-18 months...

I base the target on potential market cap for NOT's projects if things continue as I hope (we've got a lot packed into one company), but if you had been able to listen to the conversation, you would have heard me qualify that statement with a "but who knows, really", which is why I continue to watch to it closely.

Anyway, thanks for thoughts.

Regards,

B.

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