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: Understanding The Freewest Mentality

Takeover = Merger, not Buyout.

FWR holders would still be left with an investment in FWR's current deposits, but would benefit from the advances of BOTH sets of properties. Unless a FWR holder thinks NOT shares are without value (or of significantly less value than FWR shares) I don't see why they would feel "ripped off" by this deal?

Maybe they need to do a little more DD on Noront... ?

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