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: The Ring

The Ring

posted on Dec 15, 2009 03:43PM

The Ring is an interesting place. There are posters on the ROF boards that have stayed around for a few years. Even the ones that have left are still lurking and reading. When you find out about this place, you start reading posts, recognize the good due dilligence people, the ones who have the confidence in calling the office, and the ones who just talk. It turns into an avid pass time. You feel better about investing because you think you know more about what is going on. So you increase your portfolio, divest a bit. Then you start posting and presenting your own due dilligence. You get driven to doing research, be productive and contribute. The avid pasttime becomes a bit of an obsession. After many months of this, theres not a whole lot to find out. Posting slows down a bit. Flares up now and then but is event driven, like the last few weeks. Hoards of new posters show up, you realize their must be at least a thousand who read here. All of them looking for information on the ring. Even my wife, who has no interest at all calls this place the Ring. The Ring is captivating because it has so much potential and appears to be geologically unique and complex. Cliffs may be developing the chromite. We will see about that, they have a lot of work to do before that happens. But that is only one aspect, and who is to say Cliffs will be the only producer? Falconbridge and Inco developed another ring of sorts for a hundred years in competition with each other.They are still finding new deposits in the Sudbury area. There is so much more that has been found and yet to find at ROF. We are not the only investors enthralled by the Ring. Cliffs has taken a piece of it and by doing so has freed up a lot of money to get reinvested. The low volume could be a steady seep of money into NOT. Low volume with an increasing share price means there is not many for sale and those buying are paying the price. People are being patient, and I am willing to bet that they will stay in the Ring.

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