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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Hi IAMSUDBURY,

I was just watching this theatre act on both boards from the outside and found it very amusing.

NOT is bad, FWR is good !

AHH no, it´s the other way round, isn´t it ?

NOT´s offer is good !

No, NOT´s offer is oppotunistic !

There is no other party !

Wait for Cliffs´counter-offer!

What, this is Cliffs´offer ? Are you joking ? Where are our $2 ?

And so on and so forth .....

As I said: very amusing and entertaining !

I´m pretty relaxed because I hold nearly equal amounts of both companies (number of shares) and will keep my shares as it is, waiting for the final result of this bidding war, which IMHO has just begun.

Much more to come over the coming months (not only involving NOT,FWR and CLF) !

Enjoy the rollercoaster ride, everybody.

FANTOMAS

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