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: Cliffs has a pot of money...
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"CLF has just closed a common share offering and the net proceeds is 347,000,000 dollars...Some of this money is to be used for " strategic transactions "


"Some" of this money? Other than trying to pick up a few loose chickens like the one they already bought into, I would hope that the serious companies would laugh at them if they approached with this tiddly bit of cash. If they spent it all on NOT it would only add a little over $2 a share. Pffffff.... a far cry from $7 or even $4. Mind you, it does seem odd that NOT is being held at such a low sp.

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