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: A fair value for NOT...FNC...FWR ?

Hi Vila,

The only thing that comes to mind when looking at those average stock price is how crazy undervalued NOT is. We have more money, more land, more proven assets, more experecienced management...Just plain way more than a 3 to 1 or 4 to 1 ratio IMO. The sell off today was some traders who made good money on this run up. I do not know if we will see continued selling next week but my guess would be NO, we will climb back up closer to$0.80.

G.

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