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: When did the PP become a "done deal"?

Hello everone-  I have not posted for some time due a 7 week series of "dates" with a radition therapist, but I have been reading as many posts as possible.

I would like to add my 2 cents worth to the PP discusion, and perhaps help those who are concerned that this is a negative event.

In addition to Abbibun's very valid comments, please consider the following, if no one else has not already said it:

If a player with deep pockets wanted get involved, they had the option of simply buying stock on the open market over a period of time. Given the amount of money involved, (26milion), they would have no doubt driven the sp up - who knows how much, but we long holders of NOT would still have a company with 30-50 milion in the bank and the spending taps wide open.

With this PP, we suddenly have an extra 26 milion in the bank plus a bunch more to come from options in the future.

The only downside I see is about a 6 % dilution in our own share value, but given all the good in this deal, I suggest we are the winners here.

Thanks to all the great posters for their efforts.

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