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: Cliffs raises dividend

Thank you for the compliment in copying the first paragraph verbatim from my post on the FWR site.

As to your second paragraph, which is yours, it is hard to understand why so so many posters think CLF's involvement is a negative to NOT. How could any major interest in RoF be shunned unless there were an ulterior motive. As to the confidentiality agreement, if such a provision existed it would be for FWR's benefit to simply waive it. But since most of us are fully expecting a NOT news release very soon, such a discussion is likely irrelevant to what is going to happen. Thanks again.

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