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 just got back and.....

I just got back and.....

posted on Apr 25, 2008 05:06PM

had phone messages asking questions .... and found posts of alarm, fear and accusations. Wow, life just keeps getting more exciting. I apologize if I repeat what others have already gone into, but here are my thoughts:

What a wonderful announcement and testament to NOT's integrity and quest for accuracy. This announcement was unfortunate only for those who had the inability to understand what it was really saying. Let me explain further. Notice no specifics were given as to what these inaccuracies were about. Why? It would have been impossible to give this sensitive information as it would be insider info. not ready for public consumption yet. Of course this becomes fodder for the manipulators/bashers who prey on incomplete information. Consider the following possible scenario/example: NOT's first set of assays reveal 40 g/t of Platinum. This is too amazing so they do it again and find 30 g/t. These are both fantastic returns but the discrepancy is far to large and the reason for the error has to be determined. Alright, now they have to figure out where the process is going wrong and re-assay the samples twice more. This is really going to take time now. Remember back to the report on visuals for DE2 and that should dispel any theory that the find isn't at the least healthy. It is likely that NOT would have waited as long as they could on this N.R. until they solved the problem and could issue it as an addendum to a more tasty announcement..... but ...... the shareholders just wouldn't let it sit and NOT had to release early so that they would avoid and accusations of improprieties. As a result, some investors lost a lot of money due to their fear and stupidity for not having sufficiently DD'd this stock and the demands of impatient shareholders. As others have noted, the dive bomber momentum of the sp went ballistic and back over $4 as a testament to something of where this stock should be going. There is way too much emotion exhibited on this site and it's affects are not positive. There is a mob or gang war mentality forming here which defeats the very purpose of this forum. Get a grip.

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