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: You have me confused !!

" I am anticipating $4.00 as Noront would have to increase their SP to sweeten their deal with FWR in order for the take over to be successful. Could this happen? "

For NOT to get their sp up, it is my opinion that NOT would have to introduce very respectable N.R.s.... but not only. They would also have to have the "team" go to work to help "enhance" the sp. I'll be waiting to see if that materializes. I anticipate seeing a drop in FWR sp from sales as NOT rises. But maybe not. I don't really know. These are guesses made on suppositions.

A Scenario:

As an FWR holder, if I were watching the sp's over the next couple of weeks, and I saw NOT's sp moving past the 4 to 1 with FWR, I'd be inclined to sell my FWR on the market buying NOT and then sell and by back my FWR after the dust settled. Either way I win. That's just my view but in fact I wouldn't wait until 4 to 1 is reached but when I saw NOT beginning to move. That's where the real money would be made. Will FWR's sp move with a rising NOT? I don't know that yet. My guess is not as much if so but we'll see.

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