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: Mucker

Mucker, I'm kind of wondering why you're holding NOT, if you feel that there is NOT enough to justify a mine, at this point. Wouldn't your practical investor mind tell you to park your money somewhere else, rather than sit and dream ? Or, is it your dreamer mind, telling you that you could very well be wrong and NOT already has the goods for a mine or even two mines at DE. And then add Windfall to that. Or are you just one of those cynical type people, who think that there's something wrong with everything.

I respect the fact that you state you have 40 years of experience in the mining industry and have friends with much more than that. But if that is to be authenticated, you would also know that the ROF is the biggest mining play in Canada, with a stake claiming rush (with a couple of majors also in there), unmatched in any recent history.

You have mining experience, so let's forget about the market for a minute. Let's look at why all these exploration companies are doing a mad dash to stake more land, get drills turning and spend millions of dollars, doing it. Or more specifically, let's look at NOT, the big dog.

If you go back at re-read the NR's from NOT, you'll see that there is enough info. available to certainly think, that a mine in the ROF is quite likely. Your statement that no major has come into the store yet, is incorrect. In fact, we do know that some have signed non-disclosure agreements with NOT. That was in an NR, I believe. They are not just "kicking the tires" anymore. Sure, they're waiting for that next NR, that shows the Eagle Two assays or the 43-101. But I doubt very much that any of these big players, are thinking that a mine isn't likely. They're thinking that it is.

That's not dreaming, that's stating my DD, or a small portion of it, to be exact. Mucker, I respect your opinions, but cannot side with your cynicism.

All the best to you.

strato



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