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: RBC Coverage

Glorieux,

We can hardly expect RBC will have a coverage on NOT till it is listed on TSX senior exchange, sp is over $3.00 and has some influence on TSX index.

RBC had several desks (bond trading, precious metals, currency, securities). The securities section at RBC Dominion Securities trades an average of 42 billion dollars per day. Besides, they had a special department with a group of 33 professional people who take orders worldwide for 100's million dollars. If sp loses over 20%, they sell them all according to its internal policy after the Barrings case. In late 1990's, I visited trading floors in New York, Singapore, London, Toronto (two locations), so I do have some knowledge of what they are doing. RBC acquired Direct Investing is simply a discount brokerage that handles retail trading.

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