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: are we in a quiet period?

Just want to take this opportunity to thank all the posters on NOT for sharing your insites! To name a few Kareema, Donny, Glorieux, Johndefur. Sorry if I missed others...you are all very knowledgable and helpful to us novices and indeed to each other.

With the grades of Ni at eagle and the grades and volumes of chrome the future looks bright for NOT....and for the others in the ROF. Building the infrastructure will of course be a major challenge.

Being in Sudbury, I am personally looking forward to seeing where RN surfaces. There have been suggestions as to where he is headed here on the NOT board but we will soon see. He is likely the most knowledgable person on the ROF and so where he ends up will be a good indication where the next eagle may be.

Xstrata and Vale Inco of course have operations here in Sudbury. So it will be interesting to see if they are suitors in the ROF as time passes. It is a lot closer from Eagle one to Sudbury than it is for Vale Inco to ship Ore or Matte from Voisey's Bay to be refined at the Sudbury Smelter. Once a rail link is established. Ore could be sent by rail directly to the tipple at Inco's Clarabelle Mill.

I'm sure many of you remember the bidding war between Falconbridge (Xstrata) and Inco (Vale) over Voisey's Bay. It drove the price sky high much to the delight of Diamond Fields. Could we see a similar situation in the ROF?

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