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: Short positions

It is, but only on or a few days before the expiry of the offer. If NOT releases great news now and we get a spike up, they have time to bat it down before the deadline again. That is why I think NOT is sitting on news. However, we are only 9 trading days from D day so I would expect NOT to start showing so cards early next week.

Another example of this would be the timing of the PP and spike in share price. Do you think that was just a coincidence?

G.

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