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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Is extremely important and proven today again by what's happening with Nova Gold sp.

A year and a bit ago it waas a $20 stock on the TSX



Today it started at $2.50 and has traded as low as.475 with shares traded in excess of 2.3 million

Have announced they can't keep going and make a debt payment in December of $20 million



Barrick and Kinross are secured in front of this debt.



What a melt down!!

Here's to cash n the bank and no DEBT. Go NOT

RM

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