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: about NOT from FNC board

about NOT from FNC board

posted on Oct 22, 2009 09:35AM

I'm amazed that there's not more interest in FNC considering NOT is now finding PGEs at the Eagle's Nest. IMO, NOT has a lot more work to do to prove up their discovery, but I find it hard to believe that any mineralization stops at the border. NOT drilled some shallow holes near FNC and then stopped work. Their track record with drilling at AT 11 on the UC border and not reporting results for some of the holes, and with drilling at AT 12 on the FWR border and stopping without saying much, suggests that NOT's m.o. may be to withhold significant positive results if it would positively impact the share prices of neighbours that they are interested in acquiring. NOT's takeover attempt, IMO, adds validity to this theory, especially given FWR's positive outlook on the AT 12 extension.

ALSO MAC WATSON JOINS FNC BOARD TODAY

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