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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Don't remember the $6.00 deal but could be.

Here's another scenario to keep you up at night:

What if CVRD takes over NOT and Xtrata takes over FWR both on the cheap. No bidding war. Then CVRD and Xtrata launch a joint company, CVRD-Xtrata Chrome, to develop the RoF. Diamondfields may have had the advantage being the only company at Voisey Bay. FWR and NOT should form a joint company to forestall this posibility.

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