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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dvdgray;

The Eagle b and c are being referred to as Lenses by the Geo's at NOT, and maybe for good reason.

With out who said what and when, as it may very well surprise too many here, most here (being the real old timers - though that is not the fault of the relatively recent arrivals on this Forum for having arrived but relatively recently) were hoping that there is a Feeder Conduit that produced Eagle1 and all that needed to be acomplished was locating that conduit. Then Drilling it out to where ever it lead.

With the last Eagle's Nest NR the Company is very suggestive of feeling that they have now finally determined that they have just accomplished this task. Though they have not yet Categorically stated they have located the Conduit. They are saying that they have determined that the Lenses are now essentially all connected and that they essentially believe that there is more Vertically below what has been located to date.

One troubling problem with your thinking, which seems to remain relatively typical of many posting on this very topic respecting the orientation of the deposit is that though the Intrusion has been described right from the outset (September, 2007) as having been Over Turned, the actual Ore Deposit appears to lie on top of the Over Turned Intrusion, as though it Flowed along the top of the original surface of the Intrusion or a Plane horizontal to that original Intrusion.

Why is this troubling? Because it does not take into account the Actual Time when the Deposit was created. Did the Deposit preexist the Intrusion? Result due to the intrusion? Or result from Forces following the establishment of the Intrusion?

Knowing much more on these questions would make speculation on the real potential of the Deposit much more interesting and the better anyone understands what is known, and consequently POSSIBLE, the better their ability to determing what to expect with respect to this very Deposit, AND also with respect to anywhere Substantial Amounts (thicknesses) and Grades (Viability) may be located through out the entire Shear Fault Zone and anywhere else Mineralization may be discovered through out the entire area.

Viability as opposed to Value. In that Value is a different beast that Viability. Viability being dependant on accessibility. Value being dependant on Viability.

I will not progress further with this, as it seems plain and clear that too many around here are too challenged by simple straight forward REASONING and are in much more preferential to Simple Subtle Directional Leading Promotional Reasoning and Simplistic Logic, Aimed at Producing a Specific Desired Outcome.

Wondering when stating FACTS has become a Post Removing Violation. Also seems some around here do not want Exploration of Motives.

Judgemental as so many are, preference goes to acting with out REASONABLE examination of matters that should Matter.

Though this really Matters NOT. Does it NOT?

Old Joe

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