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: Sure would be nice

Sure would be nice

posted on May 26, 2008 11:17AM

if Richard Nemis could beat the status quo at their own game.

I do have a lot of respect for him, and I do believe he is earnest in his efforts to maximize profits for the little guy. I also believe that while he is exponentially more trustworthy than promoters we hear horror stories about, I also think his gullibility level is low. Just because he comes across as a salt-of-the-earth kinda guy doesn't mean he's blind to the fact there are shark-infested waters all around.

My point is this: we could have on our hands a "happy accident" of timing with the lab delays. Was it the desired result? No. Can they make the best of a bad situation? I believe so.

Things that we're waiting for that could throw the manipulators off their game:

1. Huge backlog of assays that otherwise wouldn't have hit the market all at once.

2. Still waiting for rhodium results

3. TSX listing

4. 43-101

5. SPQ hit chromite: if NOT's rhodium assays prove there's rhodium in the chromite, it will pull up SPQ and FWR as well.

6. Joint exploration target with FWR; if they hit, watch out.

7.Windfall could still gain the respect it deserves once we get the ramp to the drill hole depth.

8. More to come of the Inco /CIM luncheon, I'm sure.

9. That's all I can think of, but you gotta know Noront is always a few steps ahead of us, so we have to work with what we know.

I'm rooting for Richard Nemis, and his plan for the "new vision".

JMHO

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