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: Some final thoughts on the Luncheon

Hi Everyone

Well, it looks as though everything was covered from the luncheon yesterday...job well done everyone, what a great crew we have. Snug, I agree, the corp. lawyer at the head table speaks volumes. I have been to a few NOT meetings in the past, and this is one of the first times a lawyer has been that noticable. Maybe that's why the news/rumours are slower coming these days. Milsey, yes, to confirm the 0.5% cutoff for the 43-101. Babjek, thanks for noticing the 'slap' on Nemis' back by the Vale guy, interesting. And QQ, what can I say...glad you were enjoying a nice glass of red after your in-depth posts.

I would just like to add a few things...after chatting with Neil for a few minutes, he did say he had hoped to have the 43-101 in his hands for this presentation, but to no avail. He said they really are under the thumb with regard to the lawyers, making sure they cross their T's and dot their I's. No one wants this once/twice in a lifetime opportunity to get screwed up.

I too was expecting to hear some info about a possible splitting off into 2 separate entities of DE and the rest of NOT properties.

Assays will be coming soon, as the luncheon crew mentioned. Maybe we'll be sitting around $8.00 by the end of the month....who knows.

One last point, the fact that NOT is getting more 'hits' than 'misses' now, is good news. Misses happen, it's part of the business...I think NOT has some great geo minds affiliated with it, so bring on the 'hits.'

Well, that is my take on the luncheon...the salmon was good, my $50 glass of perrier was wet, and thanks to that Milsey person for picking up the round for the crew afterwards!

Have a great weekend everyone,

Cheers MGB

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