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: I like this part - Al

Benton,

RE: Al 

I have a wee bit of FNC myself. A proximity play. I understand that. I don't see enough promise there however, to take from NOT and give to FNC.

As for WSR... I'm sure they are NOT IDIOTS. They are not going to pay all that money to drill moose pasture.. come on guys! Someone (Richard) has shown them that there may well be nickel/copper/platinum/palladium in them there hills. I don't think he would do otherwise. And again, WSR are not crazy... that's alot of commitment, money and time just to get 50% of another guys staking. It has also been reported that the the CEO is a major NOT shareholder. If this is true, you're not going to sell him swamp land in Florida and then chuckle behind his back!

Sorry Benton... disagree with you on this one.

Time will tell!

BK

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Benton posted -

Actually, I agree with Al on FNC and have moved into it without selling any of my NOT. Based on the 2003 MAG and EM anomaly maps alone, never mind who says what, there is reasonable probablity that some of the Eagle 1 minerlization is on FNC's claim adjoining NOT's discovery claim - minerlization knows no surface boundaries.

WSR? NOT would not have optioned out any of their priority ground... What it does is get someone active on these claims right away so that NOT can detrmine if they worth holding long-term. Better to hold them for 3 years and find out that they are worth noting, and being paid for this, than to hold them for 3 years and still nothing.

Sorry BK, I see it much differently...

Regards,

B.

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