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: Re: It could be fairly disappointing - Sum4all

Sum4All,

This post is not meant in any way to be critical of you or your post.

BUT, since you pointed out the MJ 'was right'...

I'd like to make the argument that saying that NOT will go below $3.00 is not really helpful or relevant.

This is like warning the car buyer that "Your car will break down someday!"

What matters is the overall reliability of your automobile, and for the stock - its true value and protential, which is its ultimate destination.

The facts are, this stock has only closed below $3.00 on ONE DAY since the September run up, and that was 1-21-08 when she closed at $2.70.

On 1-28 she was back up to $4.14

How many of us could have timed that buy in just right? Had the funds ready and the finger on the trigger?

So Mining Junkie was right but his prediction of a low does not have any bearing on the true value of this company.

MergerCasualty the same - he's waiting for $2.25. I am not so good at timing the low low. I buy when she dips in order to continue to invest in a company with more LONG TERM promise than any other I know of.

If we hit $2.25, will mergercasualty be a genius? He might claim that title, but it would be for stock timing, but not for stock appraisal. Because he, like the rest of us, believes in the ultimate high value of this company or he would not be buying into it at any price.

A better valuation would be to take a weighted average of the stock price since september. I have a feeling that $3.20 is way below that average and so first thing Monday moring would be a great time to buy more NOT.

But then, you could wait to see if hits 2.25.

BK

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