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: Listen to Lar

Sorry but I don't agree that there is o need for "immediacy". You (Sudbury Novice) have touched upon a number of ideas; so let's see.

"It can happen anytime'"

Yes but it is happening now.

...it is entirely possible that Cliffs or Xtrata will buy not only FWR but NOT/KWG and SPQ."

How did you manage to sneak Xtrata in there. Sorry but if Cliffs wins FWR, then the RoF will be Cliffs plaything. If Cliffs wins FWR then NOT is weakened and you will in the long run get less for your FWR and NOT shares combined. That would apply to any future offer for NOT from Cliffs or any offer from Xtrata as well since NOT would be a much weakened company.

I do see a need for "immediacy" and believe that NOT should proceed as quickly as possible to take over FWR.

There is no doubt in my mind that 1+1=3 and maybe alot more than 3. All IMHO.

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