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: latest rumors

Well Berta, NOT has 20 to 30 million tonnes of premium grade chromium. Once they get their nickel/copper/pge mine going and cash flow is positive, they can try a few test shipments and worm their way in. Being a member of the chrome consortium certainly helps. They could get to a couple million tonnes per year of chromite, make a tidy profit and not be a threat to present producers or a threat to saturate the chrome market causing price collapse. It is a delicate balance but NOT can do it if they play their cards right.

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